Robert Robotti - Aug 9, 2022 Form 4 Insider Report for TIDEWATER INC (TDW)

Role
Director
Signature
/s/ Robert E. Robotti
Stock symbol
TDW
Transactions as of
Aug 9, 2022
Transactions value $
$9,999,998
Form type
4
Date filed
8/11/2022, 12:27 PM
Previous filing
Jul 5, 2022
Next filing
Aug 11, 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 Purchase $6.27M +351K +15.16% $17.85 2.67M Aug 9, 2022 See Footnote F1, F3, F4
transaction TDW Common Stock, $0.001 Par Value Per Share Purchase $3.73M +209K +8.49% $17.85 2.67M Aug 9, 2022 See Footnote F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In the Issuer's public offering of Common Stock, The Ravenswood Investment Company, LP ("RIC") purchased 351,366 additional shares of Common Stock from the underwriter at the public offering price set forth herein.
F2 In the Issuer's public offering of Common Stock, Ravenswood Investments III, L.P. ("RI") purchased 208,858 additional shares of Common Stock from the underwriter at the public offering price set forth herein.
F3 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"), 1,331,444 shares of the Common Stock directly beneficially owned by RIC, 784,532 shares of the Common Stock directly beneficially owned by 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 94,542 shares of the Common Stock, directly beneficially owned by Robert Robotti.
F4 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.