FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 05/08/2007 |
3. Issuer Name and Ticker or Trading Symbol
TIB FINANCIAL CORP. [ TIBB ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock $0.10 par value | 12,545 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Options | 04/30/2007 | 05/20/2013 | Common Stock | 16,364(1) | $9.17 | D |
Explanation of Responses: |
1. Stock Option Grant 5/20/2003 of 15,000 shares of The Bank of Venice common stock @ $10; acceleration of option vesting occurred on 4/30/07 upon the closing of TIB Financial Corp. acquisition of The Bank of Venice. Pursuant to the merger agreement, The Bank of Venice stock options were converted into 16,364 stock options of TIB Financial Corp. common stock @ an exercise price of $9.17. The Bank of Venice is now a wholly owned subsidiary of TIB Financial Corp. Mr. Voigt has the right to exercise the Option in whole or in part. Options expire 5/20/2013. |
Remarks: |
On May 1, 2007, in connection with the April 30, 2007 closing of its acquisition of The Bank of Venice, the Company's Board of Directors appointed David F. Voigt to the Board of Directors of TIB Financial Corp. At the next shareholders meeting in April 2008, Mr. Voigt will be listed in the proxy for the shareholders to elect him to the Board. |
Vicki L. Walker Attorney-In-Fact for David F. Voigt | 05/08/2007 | |
** 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 5 (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 Number. |