FIRST CAPITAL INC — Director's Dealing 2003

Aug 26, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST CAPITAL INC ((FCAP))
CIK: 0001070296
Period of Report: 2003-08-25

Reporting Person: FREDERICK CHRIS (SVP, CFO and Treasurer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-25	Common Stock	M	257	$7.80	Acquired	872	Direct
2003-08-25	Common Stock	M	1800	$11.00	Acquired	2672	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-08-25	Incentive Stock Option (right to buy)	$7.800	M	257	Disposed	2008-07-31	Common Stock (257)	Direct
2003-08-25	Incentive Stock Option (right to buy)	$11.000	M	1800	Disposed	2010-02-14	Common Stock (1800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	756	Indirect
Common Stock	647	Indirect
Common Stock	1230	Indirect

Footnotes

F1: Stock Awards granted pursuant to the First Capital, Inc. 1999 Stock-Based Incentive Plan vest in five equal installments beginning January 12, 2001.

F2: Options were granted on July 9, 1998 and are fully vested.

F3: Options were granted February 14, 2000 and vest ratably over five years.