FIRST CAPITAL INC — Director's Dealing 2009

Feb 18, 2009

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIRST CAPITAL INC ((FCAP))
CIK: 0001070296
Period of Report: 2009-02-17

Reporting Person: THOMAS DENNIS (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2009-02-17	Common Stock	M	852	$11.5000	Acquired	4957.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2009-02-17	Incentive Stock Option (right to buy)	$11.5000	M	852	Disposed	2009-03-14	Common Stock (852.0000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1449.0000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Incentive Stock Option (right to buy)	$10.0000	2010-02-14	Common Stock (3300.0000)	3300.0000	Direct

Footnotes

F1: Since the reporting person's last report shares previously held through Stock Award have vested and are now owned directly.

F2: This form reflects an increase in beneficial ownership due to a 10% dividend issued by First Capital, Inc. on August 8, 2006.

F3: This form reflects increases in beneficial ownership resulting from exempt acquisitions under an ESOP pursuant to Rule 16b-3(c).

F4: This option was previously reported as covering 775 shares at an exercise price of $12.65, but was adjusted to reflect the 10% dividend issued on August 8, 2006.

F5: Options are fully vested and exercisable.

F6: This option was previously reported as covering 3,000 shares at an exercise price of $11.00, but was adjusted to reflect the 10% dividend issued on August 8, 2006.