Quintin Kneen - 15 Apr 2022 Form 4 Insider Report for TIDEWATER INC (TDW)

Signature
/s/ Daniel A. Hudson as Agent and Attorney-in-Fact for Quintin Kneen
Issuer symbol
TDW
Transactions as of
15 Apr 2022
Net transactions value
-$155,081
Form type
4
Filing time
19 Apr 2022, 21:46:52 UTC
Previous filing
24 Mar 2022
Next filing
25 Apr 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDW Common Stock Tax liability $62,028 -2,711 -0.77% $22.88 348,123 15 Apr 2022 Direct F1
transaction TDW Common Stock Options Exercise +10,204 +2.9% 358,327 15 Apr 2022 Direct F2, F3
transaction TDW Common Stock Tax liability $93,053 -4,067 -1.1% $22.88 354,260 15 Apr 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld to cover taxes due upon the vesting of restricted stock units.
F2 Represents the vesting of performance-based restricted stock units, net of shares withheld for taxes.
F3 Each performance-based restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of performance-based restricted stock units in shares of common stock on their scheduled vesting date.