Filing Details

Accession Number:
0001140361-11-004131
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-01-25 17:32:09
Reporting Period:
2011-01-18
Filing Date:
2011-01-25
Accepted Time:
2011-01-25 17:32:09
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1013796 Tib Financial Corp. TIBB State Commercial Banks (6022) 650655973
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1430971 B. Howard Gutman 599 9Th Street North
Suite 101
Naples FL 34102
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, $.10 Par Value Acquisiton 2011-01-18 2,319 $15.00 2,558 No 4 P Direct
Common Stock, $.10 Par Value Acquisiton 2011-01-18 6,318 $15.00 6,950 No 4 P Indirect By Premier Insurance, LLC
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect By Premier Insurance, LLC
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, $.10 Par Value 22 Indirect By Howard B. Gutman WBNA Custodian Trad IRA
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock, $0.10 Par Value Warrants $791.60 2008-03-07 2011-03-07 190 190 Direct
Common Stock, $0.10 Par Value Warrants $791.60 2008-03-07 2011-03-07 632 632 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
2011-03-07 190 190 Direct
2011-03-07 632 632 Indirect
Footnotes
  1. Subscription Rights Offering to Legacy Shareholders of record date July 12, 2010 - Mr. Gutman acquired 424 shares; Mr. and Mrs. Gutman acquired 1,895 shares; Premier Insurance LLC acquired 6,318 shares. The Rights Offering Prospectus was mailed December 20, 2010 and the subscription rights expired 5:00 p.m. January 18, 2011.
  2. The reporting person owns 2,558 shares and 190 warrants of which 2,091 shares and 190 warrants are held in joint tenancy with his wife, Rachel A. Gutman.
  3. The reporting person is the sole shareholder of HBG Insurance, Inc., a member of Premier Insurance, LLC, a Florida limited liability company, and is the Managing Member of Premier Insurance. The reporting person disclaims beneficial ownership of these securities, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
  4. On December 15, 2010, the common stock of TIB split one for 100, resulting in the reduction of the number of shares owned by the reporting person.