FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2008
Estimated average burden
hours per response... 0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

WARLICK L D JR 		2. Issuer Name and Ticker or Trading Symbol

FIRST CHARTER CORP /NC/ [ FCTR ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

10200 DAVID TAYLOR DRIVE 		3. Date of Earliest Transaction (MM/DD/YYYY)

5/6/2008
(Street)

CHARLOTTE, NC 28262-2373
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock                  119847.044   (1) D    
Common Stock                  1635.523   I   LD Warlick - Custodian Laura  
Common Stock                  1635.523   I   LD Warlick - Custodian Sarah  
Common Stock                  1531.3903   I   M. E. Warlick - Custodian Laura  
Common Stock                  1531.3903   I   M. E. Warlick - Custodian Sarah  
Common Stock                  6807   I   Souse IRA - M. E. Warlick  
Common Stock                  24328.3719   I   Spouse - M. E. Warlick  
Common Stock                  135   I   Spouse - Mary E Goldsmith Warlick Trust  
Common Stock                  13460.2686   (2) I   Warlick Funeral Home, Inc.  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock     (3) 5/6/2008     A     49.66         (4)   (4) Common Stock   49.66   $30.1599   1260.5   D    
Stock Options (Right to buy)   $15.75                     (5) 1/17/2011   Common Stock   720     720   D    
Stock Options (Right to buy)   $17.37                     (5) 1/16/2012   Common Stock   2500     2500   D    
Stock Options (Right to buy)   $18.81                     (5) 1/22/2013   Common Stock   1000     1000   D    
Stock Options (Right to buy)   $20.02                     (5) 1/21/2014   Common Stock   1800     1800   D    
Stock Options (Right to buy)   $23.66                     (5) 1/19/2015   Common Stock   2500     2500   D    

Explanation of Responses:
( 1)  Includes 1085.044 shares acquired under the First Charter Corporation dividend reinvestment plan since the date of the reporting person's last report.
( 2)  Includes 226.792 shares acquired under the First Charter Corporation dividend reinvestment plan since the date of the reporting person's last report.
( 3)  One for One
( 4)  Non-Employee directors may withdraw common stock from the deferred comp plan the first day of the calendar month following retirement, death, or termination.
( 5)  All Options are currently exercisable

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WARLICK L D JR
10200 DAVID TAYLOR DRIVE
CHARLOTTE, NC 28262-2373 		X



Signatures
Stephen J Antal, by Power of Attorney 5/7/2008
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
First Charter Corp (MM) (NASDAQ:FCTR)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more First Charter Corp (MM) Charts.
First Charter Corp (MM) (NASDAQ:FCTR)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more First Charter Corp (MM) Charts.