FIRST CAPITAL INC — Director's Dealing 2004

Jul 15, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST CAPITAL INC ((FCAP))
CIK: 0001070296
Period of Report: 2004-06-21

Reporting Person: UHL GERALD L (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-06-21	Incentive Stock Option (right-to-buy)	$23.0000	A	750	Acquired	2004-06-21	Common Stock (750)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17734.00	Direct
Common Stock	900.00	Indirect
Common Stock	2312.00	Indirect
Common Stock	354.25	Indirect
Common Stock	10976.00	Indirect
Common Stock	184.00	Indirect
Common Stock	307.00	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$7.8000	2008-07-31	Common Stock (51)	51	Direct
Incentive Stock Option (right to buy)	$11.0000	2010-02-14	Common Stock (560)	560	Direct
Incentive Stock Option (right to buy)	$11.0000	2010-02-14	Common Stock (300)	300	Indirect

Footnotes

F1: Stock Awards granted pursuant to the First Capital, Inc. 1999 Stock-Based Incentive Plan will fully vest on January 12, 2005.

F2: Incentive Stock Option granted pursuant to the First Capital, Inc. 1999 Stock-Based Incentive Plan vest in five annual installments commencing on June 21, 2004.

F3: Options are fully vested and exercisable as of July 9, 1998.

F4: Options will become fully vested and exercisable on February 14, 2005.