X0202 4 2007-08-24 0 0001071992 CAPITAL BANK CORP CBKN 0001270179 THOMAS J REX 3501 CAMP MANGUN WYND RALEIGH NC 27612 1 0 0 0 Common Stock 2007-08-24 4 P 0 2500 15.25 A 17890 D Common Stock 14482 I By Spouse Common Stock 1018 I By Spouse as Custodian for Child Stock Option (Right to Buy) 14.00 1998-08-10 2008-08-10 Common Stock 2500 2500 D Stock Option (Right to Buy) 8.00 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 2750 2750 D Phantom Stock Units 2008-01-01 2008-01-01 Common Stock 2056 2056 D "Phantom stock units" acquired by the reporting person from the Capital Bank Corporation Deferred Compensation Plan for Outside Directors (As Amended and Restated Effective January 1, 2005). Each phantom stock unit is the economic equivalent of one share of Capital Bank Corporation common stock. The units are payable in stock or cash, at the discretion of Capital Bank Corporation, upon the reporting person's termination of service as a director due to retirement, disability, or death, or upon a date certain specified by the participant. Between 12/31/2006 and the date of this report, the reporting person acquired 125 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan. Between 12/31/2006 and the date of this report, the reporting person acquired 182 shares of Capital Bank Corporation common stock under the Capital Bank Corporation dividend reinvestment plan. Nancy A. Snow, by power of attorney 2007-08-24