LETT EDWARD V 5
5 · TIB FINANCIAL CORP. · Filed Feb 6, 2009
Insider Transaction Report
Form 5
LETT EDWARD V
DirectorOther
Transactions
- Other
Common Stock, $.10 par value
2008-12-31+5,006→ 170,399 total
Holdings
- 20,606
Stock Options
Exercise: $12.25From: 2009-01-25Exp: 2009-04-30→ Common Stock (20,606 underlying)
Footnotes (2)
- [F1]TIB Financial Corp. declared a 1% stock dividend payable to all holders of record of common stock on 7/7/08, 9/30/08 and 12/31/08, respectively, which was distributed 7/17/08, 10/10/08 and 1/10/09, respectively. The reporting person acquried 1,652 shares, 1,669 shares and 1,685 shares, respectively, on each distribution date.
- [F2]51,515 Stock option shares were granted January 25, 2005 originally expiring January 25, 2015. Mr. Lett retired as President of TIB Financial Corp. January 30, 2009. He has 90 days from January 30th to exercise 20,606 that were vested as of January 25, 2009. These expire April 30, 2009. 10,303 shares were not vested and were cancelled.