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

Signature
/s/ Daniel A. Hudson as Agent and Attorney-in-Fact for Quintin Kneen
Stock symbol
TDW
Transactions as of
Apr 15, 2022
Transactions value $
-$155,081
Form type
4
Date filed
4/19/2022, 09:46 PM
Previous filing
Mar 24, 2022
Next filing
Apr 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TDW Common Stock Tax liability -$62K -2.71K -0.77% $22.88 348K Apr 15, 2022 Direct F1
transaction TDW Common Stock Options Exercise +10.2K +2.93% 358K Apr 15, 2022 Direct F2, F3
transaction TDW Common Stock Tax liability -$93.1K -4.07K -1.13% $22.88 354K Apr 15, 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.