TIDEWATER INC — Director's Dealing 2007

May 3, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIDEWATER INC (TDW)
CIK: 0000098222
Period of Report: 2007-04-30

Reporting Person: LABORDE CLIFFE F (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-04-30	Common Stock	S	400	$65.30	Disposed	108715	Direct
2007-04-30	Common Stock	S	800	$65.31	Disposed	107915	Direct
2007-04-30	Common Stock	S	200	$65.35	Disposed	107715	Direct
2007-04-30	Common Stock	S	100	$65.36	Disposed	107615	Direct
2007-04-30	Common Stock	S	600	$65.37	Disposed	107015	Direct
2007-04-30	Common Stock	S	3700	$65.38	Disposed	103315	Direct
2007-04-30	Common Stock	S	1300	$65.39	Disposed	102015	Direct
2007-04-30	Common Stock	S	700	$65.4	Disposed	101315	Direct
2007-04-30	Common Stock	S	2100	$65.41	Disposed	99215	Direct
2007-04-30	Common Stock	S	1900	$65.42	Disposed	97315	Direct
2007-04-30	Common Stock	S	900	$65.43	Disposed	96415	Direct
2007-04-30	Common Stock	S	2600	$65.44	Disposed	93815	Direct
2007-04-30	Common Stock	S	500	$65.45	Disposed	93315	Direct
2007-04-30	Common Stock	S	900	$65.46	Disposed	92415	Direct
2007-04-30	Common Stock	S	900	$65.47	Disposed	91515	Direct
2007-04-30	Common Stock	S	1300	$65.48	Disposed	90215	Direct
2007-04-30	Common Stock	S	2600	$65.5	Disposed	87615	Direct
2007-04-30	Common Stock	S	200	$65.51	Disposed	87415	Direct
2007-04-30	Common Stock	S	1600	$65.52	Disposed	85815	Direct
2007-04-30	Common Stock	S	2000	$65.53	Disposed	83815	Direct
2007-04-30	Common Stock	S	400	$65.54	Disposed	83415	Direct
2007-04-30	Common Stock	S	2800	$65.55	Disposed	80615	Direct
2007-04-30	Common Stock	S	1000	$65.56	Disposed	79615	Direct
2007-04-30	Common Stock	S	900	$65.57	Disposed	78715	Direct
2007-04-30	Common Stock	S	2000	$65.58	Disposed	76715	Direct
2007-04-30	Common Stock	S	800	$65.59	Disposed	75915	Direct
2007-04-30	Common Stock	S	1400	$65.6	Disposed	74515	Direct
2007-04-30	Common Stock	S	2400	$65.62	Disposed	72115	Direct
2007-04-30	Common Stock	S	3900	$65.63	Disposed	68215	Direct
2007-04-30	Common Stock	S	1800	$65.65	Disposed	66415	Direct

Footnotes

F1: Continued on next Form 4.