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TIDEWATER INC Director's Dealing 2011

Mar 30, 2011

10404_dirs_2011-03-30_12e80d8b-02f1-4a16-8143-70996aceb1a0.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: 2011-03-30

Reporting Person: Demarest Craig (Principal Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-30	Common Stock	S	851	$61.32	Disposed	23387	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	575.8051	Indirect

Footnotes

F1: The transaction was effected pursuant to a Rule 10b5-1 trading plan previously entered into by the reporting person.

F2: 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, 2011.