X0202 4 2005-03-30 0000098222 TIDEWATER INC TDW 0001197253 TAYLOR DEAN E C/O TIDEWATER INC. 601 POYDRAS ST., SUITE 1900 NEW ORLEANS LA 70130 1 1 0 0 Chairman, CEO & President Common Stock 2005-03-30 4 A 0 25000 A 45263 D Common Stock 2829 I As Custodian for Children Common Stock 3547 I By Trustee Stock Option (Right to Buy) 37.55 2005-03-30 4 A 0 20000 A 2005-03-30 2015-03-30 Common Stock 20000 20000 D Restricted stock award under the Tidewater Inc. 1997 Stock Incentive Plan. The Plan pursuant to which the restricted stock award was granted provides for tax withholding rights. The restricted stock award vests at the rate of 25% per year if Return on Total Capital (ROTC) for the year of determination exceeds the greater of 15% or the average of the prior four year's ROTC. Any unvested restricted stock will automatically vest on March 30, 2009. Includes 34 shares acquired pursuant to dividend reinvestment plan. Acquired on a periodic basis by the Trustee of the Tidewater Inc. 401(k) Savings Plan. Includes shares acquired for my account through March 31, 2005. Stock option granted under the Tidewater Inc. 1997 Stock Incentive Plan in transaction exempt under Rule 16b-3. The Plan pursuant to which the reported option was granted provides for tax withholding rights. The option vests on March 30, 2005. Dean Taylor, by: Michael Goldblatt, Agent and Attorney-in-Fact 2005-04-01