Robert Robotti - Jan 3, 2022 Form 4 Insider Report for TIDEWATER INC (TDW)

Role
Director
Signature
/s/ Robert E. Robotti
Stock symbol
TDW
Transactions as of
Jan 3, 2022
Transactions value $
$11,948
Form type
4
Date filed
1/5/2022, 12:20 PM
Previous filing
Jan 3, 2022
Next filing
Apr 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDW Common Stock, $0.001 Par Value Per Share Award $11.9K +1.06K +0.05% $11.25* 1.96M Jan 3, 2022 See Footnote F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents unrestricted shares of the Common Stock, $0.001 par value per share (the "Common Stock) issued to Mr. Robotti in lieu of certain cash compensation pursuant to his election under the Director Stock Election Program.
F2 This amount includes 422,872 shares of the Common Stock directly beneficially owned by the performance-fee paying advisory clients of Robotti & Company Advisors, LLC, an investment adviser registered under the Investment Advisers Act of 1940, as amended ("Robotti Advisors"), 894,609 shares of the Common Stock directly beneficially owned by The Ravenswood Investment Company, LP ("RIC"), 521,030 shares of the Common Stock directly beneficially owned by Ravenswood Investments III, L.P. ("RI"), 3,000 shares of the Common Stock directly beneficially owned by Suzanne and Robert Robotti Foundation, Inc. ("Robotti Foundation"), 32,881 shares of the Common Stock directly beneficially owned by Suzanne Robotti ("Su Robotti"), wife of Robert Robotti, and 86,429 shares of the Common Stock, of which 11,349 shares are restricted stock, directly beneficially owned by Robert Robotti.
F3 Mr. Robotti may be deemed to beneficially own (solely for the purpose of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended ("Exchange Act")) certain of the shares of Common Stock set forth in this Form 4 through his indirect proportionate ownership of Robotti Advisors, as managing director of Ravenswood Management Company, LLC, which serves as the general partner of RIC and RI and through his marriage to Su Robotti. Mr. Robotti disclaims beneficial ownership of all securities reported herein except to the extent of his pecuniary interest therein, if any.