5//SEC Filing
SCHINDLER MARVIN F 5
Accession 0001140361-10-002322
CIK 0001013796other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 5:18 PM ET
Size
12.3 KB
Accession
0001140361-10-002322
Insider Transaction Report
Form 5
SCHINDLER MARVIN F
Director
Transactions
- Other
Common Stock, $.10 par value
2009-12-31+1,732→ 58,893 total - Sale
Common Stock, $.10 par value
2009-07-02$1.44/sh−92$132→ 58,893 total
Holdings
- 424
Stock Options
Exercise: $14.90From: 2011-05-08Exp: 2016-05-08→ Common Stock (424 underlying) - 1,275
Stock Options
Exercise: $14.90From: 2009-05-08Exp: 2016-05-08→ Common Stock (1,275 underlying) - 424
Stock Options
Exercise: $14.90From: 2010-05-08Exp: 2016-05-08→ Common Stock (424 underlying)
Footnotes (3)
- [F1]TIB Financial Corp. declared a 1% stock dividend payable to all holders of record of common stock on 3/31/09, 6/30/09 and 9/30/09, respectively, which was distributed on 4/10/09, 7/10/09 and 10/10/09, respectively. The reporting person acquired 572 shares, 577 shares and 583 shares, respectively, on each distribution date. 51,818 shares are held in joint tenancy with his wife, Gail Schindler.
- [F2]The sale of 92 shares of TIB stock was done by the reporting person's new broker's back office on 9/2/2009 because of a $94.22 debit charge was transferred over from the prior broker when the account transitioned to the new broker on 7/1/2009. The reporting person does not know why the account would have been charged the $94.22 by the prior broker, but it's not unusual to have debit balances transfer over. The new broker allows 60 days for cash or dividends to transition into the account to cover any existing debits before they freeze or sell assets to cover the amount. For debits under $100 the new broker's standing policy is to sell securities (mutual fund and stocks) to cover the debit. The account is now properly coded for future trade review.
- [F3]2,123 Stock Option shares granted 5/8/2006 - vesting over five years expiring 5/8/2016.
Documents
Issuer
TIB FINANCIAL CORP.
CIK 0001013796
Entity typeother
Related Parties
1- filerCIK 0001227148
Filing Metadata
- Form type
- 5
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 5:18 PM ET
- Size
- 12.3 KB