X0303 4 2009-10-05 0 0001071992 CAPITAL BANK CORP CBKN 0001269857 PERKINS GEORGE R III 1823 BOONE TRAIL ROAD SANFORD NC 27330 1 0 0 0 Common Stock 78520 D Common Stock 114115 I By Proxy for Father Stock Option (Right to Buy) 8 2000-01-03 2010-01-03 Common Stock 2500 2500 D Stock Option (Right to Buy) 10.65 2001-12-28 2011-12-28 Common Stock 5000 5000 D Stock Option (Right to Buy) 18.36 2004-12-31 2014-12-31 Common Stock 2000 2000 D Phantom Stock Units 2010-01-01 2010-01-01 Common Stock 5174 5174 D Phantom Stock Units 2009-10-05 4 A 0 1770 4.96 A 2011-01-27 2011-01-27 Common Stock 1770 4712 D Reporting person has a revocable proxy agreement dated 2/17/2000 to vote 100% of shares owned by his father, George R. Perkins, Jr. "Phantom stock units" acquired by the reporting person from the Capital Bank Corporation Deferred Compensation Plan for Outside Directors (As Amended and Restated November 20, 2008). Each phantom stock unit is the economic equivalent of one share of Capital Bank Corporation common stock. The units are payable in stock upon the reporting person's termination of service as a director due to complete retirement, disability, death, or other separation from service, or upon a date certain specified by the participant. Between 7/23/09 and the date of this report, the reporting person acquired 902 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan. Nancy A. Snow, by power of attorney 2009-10-07