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FIRST BANCORP /NC/ Director's Dealing 2011

Feb 4, 2011

31608_dirs_2011-02-04_48b96b54-7044-4060-9659-a27ee6785aa2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST BANCORP /NC/ (FBNC)
CIK: 0000811589
Period of Report: 2010-05-28

Reporting Person: WALLACE GOLDIE H (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-05-28 Common Stock M 2250 $10.50 Acquired 124260 Direct
2010-05-28 Common Stock S 1471 $16.06 Disposed 122789 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-05-28 Stock Options (Right to Buy) $10.50 M 2250 Disposed 2010-06-01 Common Stock (2250) Direct

Footnotes

F1: Stock swap on exercise of stock options