0001415889-24-009056.txt : 20240325 0001415889-24-009056.hdr.sgml : 20240325 20240325190015 ACCESSION NUMBER: 0001415889-24-009056 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240321 FILED AS OF DATE: 20240325 DATE AS OF CHANGE: 20240325 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kneen Quintin CENTRAL INDEX KEY: 0001391071 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-06311 FILM NUMBER: 24780547 MAIL ADDRESS: STREET 1: 400 N. SAM HOUSTON PKWY E. #900 CITY: HOUSTON STATE: TX ZIP: 77060 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TIDEWATER INC CENTRAL INDEX KEY: 0000098222 STANDARD INDUSTRIAL CLASSIFICATION: WATER TRANSPORTATION [4400] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 720487776 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 842 WEST SAM HOUSTON PARKWAY NORTH STREET 2: SUITE 400 CITY: HOUSTON STATE: TX ZIP: 77024 BUSINESS PHONE: (713) 470-5300 MAIL ADDRESS: STREET 1: 842 WEST SAM HOUSTON PARKWAY NORTH STREET 2: SUITE 400 CITY: HOUSTON STATE: TX ZIP: 77024 FORMER COMPANY: FORMER CONFORMED NAME: TIDEWATER MARINE SERVICE INC DATE OF NAME CHANGE: 19780724 4 1 form4-03252024_070303.xml X0508 4 2024-03-21 0000098222 TIDEWATER INC TDW 0001391071 Kneen Quintin 842 WEST SAM HOUSTON PARKWAY NORTH SUITE 400 HOUSTON TX 77024 true true false false DIRECTOR, PRESIDENT & CEO 0 Common Stock, $0.001 par value 2024-03-21 4 A 0 19477 0 A 351362 D Common Stock, $0.001 par value 2024-03-22 4 F 0 19054 90.87 D 332308 D Common Stock, $0.001 par value 2024-03-22 4 M 0 344598 6.475 A 676906 D Common Stock, $0.001 par value 2024-03-22 4 F 0 144157 89.85 D 532749 D Common Stock, $0.001 par value 2024-03-22 4 M 0 259158 18.09 A 791907 D Common Stock, $0.001 par value 2024-03-22 4 F 0 140189 89.85 D 651718 D Stock Option (right to buy) 6.475 2024-03-22 4 M 0 344598 0 D 2023-04-20 2030-04-20 Common Stock, $0.001 par value 344598 267183 D Stock Option (right to buy) 18.09 2024-03-22 4 M 0 259158 0 D 2024-03-22 2031-03-22 Common stock, $0.001 par value 259158 8025 D Represents a grant of restricted stock units that vest pro-rata per year on each of March 22, 2025, 2026, and 2027. Represents shares withheld to cover taxes due upon the vesting of restricted stock units. Represents a "net exercise" of outstanding stock options. The reporting person received 200,441 shares of common stock on a net exercise of an option to purchase 344,598 shares of common stock. The Company withheld 144,157 shares of common stock for payment of the exercise price and tax withholdings, using the closing stock price on March 21, 2024 of $89.85, pursuant to the terms of the Company's 2017 Stock Incentive Plan. Represents a "net exercise" of outstanding stock options. The reporting person received 118,969 shares of common stock on a net exercise of an option to purchase 259,158 shares of common stock. The Company withheld 140,189 shares of common stock for payment of the exercise price and tax withholdings, using the closing stock price on March 21, 2024 of $89.85, pursuant to the terms of the Company's 2017 Stock Incentive Plan. The stock option award vested as to 1/3 of the total number of shares on April 20, 2021, April 20, 2022 and April 20, 2023. The stock option award vested as to 1/3 of the total number of shares on March 22, 2022, March 22, 2023 and March 22, 2024. /s/ Daniel A. Hudson, Attorney-in-Fact 2024-03-25