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TIDEWATER INC Director's Dealing 2007

Apr 3, 2007

10404_dirs_2007-04-03_60cf171f-a0ad-47fd-9e0f-6427d5e90e28.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIDEWATER INC (TDW)
CIK: 0000098222
Period of Report: 2007-03-30

Reporting Person: LABORDE CLIFFE F (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-03-30	Common Stock	F	661	$58.58	Disposed	46685	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	631	Indirect
Common Stock	631	Indirect
Common Stock	631	Indirect
Common Stock	1397.6492	Indirect

Footnotes

F1: Withholding of shares to pay taxes.

F2: These shares are held in trust for the benefit of the reporting person's children. The reporting person is Trustee. Beneficial ownership is expressly disclaimed.

F3: Acquired on a periodic basis by the Trustee of the Tidewater Inc. 401(k) Savings Plan. Includes shares acquired for the account through February 28, 2007.