FIRST CAPITAL INC — Director's Dealing 2007

Jun 8, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST CAPITAL INC ((FCAP))
CIK: 0001070296
Period of Report: 2007-06-07

Reporting Person: VOYLES JOEL E (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-07	Common Stock	M	2538	$6.7364	Acquired	8410.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-07	Incentive Stock Option (right to buy)	$6.7364	M	2538	Disposed	2007-07-31	Common Stock (2538)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1367.8700	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$7.0909	2008-07-31	Common Stock (1269)	1269	Direct
Incentive Stock Option (right to buy)	$10.0000	2010-02-14	Common Stock (3300)	3300	Direct
Stock Option (right-to-buy)	$20.9091	2014-06-21	Common Stock (2200)	2200	Direct

Footnotes

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

F2: Options are fully vested and exercisable as of July 1, 1997.

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

F4: Options are fully vested and exercisable as of February 14, 2005.

F5: Stock Options granted pursuant to the First Capital, Inc. 1999 Stock-Based Incentive Plan vest in five annual installments commencing on June 21, 2005.