FIRST CAPITAL INC — Director's Dealing 2003

Aug 14, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST CAPITAL INC ((FCAP))
CIK: 0001070296
Period of Report: 2003-08-12

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-08-12	Common Stock	S	1700	$19.00	Disposed	2248.000	Direct
2003-08-14	Common Stock	S	1633	$19.00	Disposed	615.000	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	756.240	Indirect
Common Stock	647.000	Indirect
Common Stock	1230.000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$7.80	2008-07-31	Common Stock (257)	257	Direct
Incentive Stock Option (right to buy)	$11.00	2010-02-14	Common Stock (3000)	3000	Direct

Footnotes

F1: This form reflects increases in beneficial ownership resulting from exempt acquisitions under an ESOP plan pursuant to Rule 16b-3(c).

F2: Stock Awards granted pursuant to the First Capital, Inc. 1999 Stock-Based Incentive Plan vest in five equal installments beginning January 12, 2001.

F3: Options were granted on July 9, 1998 and are fully vested.

F4: Options were granted February 14, 2000 and vest ratably over five years.