SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Shuckhart Alma R

(Last) (First) (Middle)
599 9TH STREET NO.
SUITE 101

(Street)
NAPLES FL 34102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TIB FINANCIAL CORP. [ TIBB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
TIB Bank EVP/CEO SW FL Reg.
3. Date of Earliest Transaction (Month/Day/Year)
04/06/2007
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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, $.10 par value 04/06/2007 A 821(1) A $0.00 30,737 D
Common Stock, $.10 par value 11,293 I ESOP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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
Stock Options $6.75 03/24/2007 03/24/2008 Common Stock 800(2) 800 D
Stock Options $5.25 11/28/2007 11/28/2010 Common Stock 1,000(3) 1,000 D
Stock Options $5.25 11/28/2008 11/28/2010 Common Stock 1,000(3) 1,000 D
Stock Options $5.25 11/28/2009 11/28/2010 Common Stock 2,000(3) 2,000 D
Stock Options $6.2 03/26/2007 03/26/2012 Common Stock 4,000(4) 4,000 D
Stock Options $6.2 03/26/2008 03/26/2012 Common Stock 4,000(4) 4,000 D
Stock Options $6.2 03/26/2009 03/26/2012 Common Stock 4,000(4) 4,000 D
Stock Options $6.2 03/26/2010 03/26/2012 Common Stock 4,000(4) 4,000 D
Stock Options $6.2 03/26/2011 03/26/2012 Common Stock 8,000(4) 8,000 D
Stock Options $12.62 01/25/2007 02/25/2015 Common Stock 3,200(5) 3,200 D
Stock Options $12.62 01/25/2008 01/25/2015 Common Stock 1,600(5) 1,600 D
Stock Options $12.62 01/25/2009 01/25/2015 Common Stock 1,600(5) 1,600 D
Stock Options $12.62 01/25/2010 01/25/2015 Common Stock 1,600(5) 1,600 D
Explanation of Responses:
1. Shares issued pursuant to 2004 Equity Incentive Plan as a Restricted Stock Grant which vest over five (5) years (vesting 165 shares 4/6/2008 and 164 shares annually 4/6/2009, 4/6/2010, 4/6/2011 and 4/6/2012 totaling 821 shares) subject to acceleration upon a change of control (as defined in Plan) or death of the holder.
2. Stock Option shares granted 3/24/1998 (800 remaining) @ $6.75 per share expiring March 24, 2008, 800 shares vesting 3/24/2007
3. Stock option shares granted 11/28/2000 @ $5.25 per share (4,000 remaining) expiring November 28, 2010, vesting 1,000 shares annually (11/28/2007 and 11/28/2008) and 2,000 shares 11/28/2009
4. Stock option shares granted 3/26/2002 @ $6.20 per share (24,000 remaining) expiring March 26, 2012 vesting 4,000 shares annually (3/26/2007, 3/26/2008, 3/26/2009, 3/26/2010) and 8,000 shares vesting 3/26/2011
5. Stock option shares granted 1/25/2005 @ $12.62 per share (8,000 remaining) expiring January 25, 2015 vesting 1,600 shares annually (1/25/2006, 1/25/2007, 1/25/2008, 1/25/2009, and 1/25/2010)
Remarks:
Vicki L. Walker, Attorney-In-Fact for Alma R. Shuckhart 04/12/2007
** 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.
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