SEC Form 3
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*
Voigt David L

(Last) (First) (Middle)
240 NOKOMIS AVENUE SOUTH

(Street)
VENICE FL 34285

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
05/08/2007
3. Issuer Name and Ticker or Trading Symbol
TIB FINANCIAL CORP. [ TIBB ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & CEO Bank of Venice
5. 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 Beneficially Owned
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)
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.
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