FIRST CAPITAL INC — Director's Dealing 2004

Jun 30, 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: BACKHERMS BRADLEY (Senior Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-06-21	Stock Option (right-to-buy)	$23.0000	A	1000	Acquired	2014-06-21	Common Stock (1000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	155.0000	Direct
Common Stock	155.0000	Indirect
Common Stock	329.2200	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$12.6500	2009-03-14	Common Stock (388)	388	Direct
Incentive Stock Option (right to buy)	$11.0000	2010-02-14	Common Stock (3000)	3000	Direct

Footnotes

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

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

F3: Options were granted on January 12, 2000 and vest ratably over five years.

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