Sec Form 4 Filing - SWIFT A EARL @ SWIFT ENERGY CO - 2006-03-14

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SWIFT A EARL
2. Issuer Name and Ticker or Trading Symbol
SWIFT ENERGY CO [ SFY]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
Chairman of the Board
(Last) (First) (Middle)
16825 NORTHCHASE DRIVE, SUITE 400
3. Date of Earliest Transaction (MM/DD/YY)
03/14/2006
(Street)
HOUSTON, TX77060
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
SFY Common Stock-401(k) 1,161 ( 1 ) I 401(k) Plan
SFY Cmmn Stock-ESOP Holding 772 ( 2 ) I ESOP Plan
Swift Energy Common Stock 63,206 D
SFY Cmmn Stk-Family Member 03/14/2006 G( 3 ) V 7,999 A $ 0 8,943 I By Family Member
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SWIFT A EARL
16825 NORTHCHASE DRIVE, SUITE 400
HOUSTON, TX77060
X Chairman of the Board
Signatures
A. Earl Swift 05/04/2006
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects matching contribution by Issuer of 226 additional shares on February 14, 2006 under the Issuer's 401(k) plan, and 300 additional shares transferred to reporting person's 401(k) account from his ESOP account and a distribution of 7,999 shares on March 14, 2006, that occurred since the date of the reporting person?s last ownership report.
( 2 )Reflects ESOP allocation of 41 additional shares on February 27, 2006, and excludes 300 shares transferred from reporting person's ESOP account to his 401(k) account on March 6, 2006, that occurred since the date of the reporting person?s last ownership report.
( 3 )Reflects 7,999 additional shares given to spouse on March 14, 2006, that occurred since the date of the reporting person's last ownership report.

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 4(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).

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