TIDEWATER INC — Director's Dealing 2011

Mar 22, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIDEWATER INC (TDW)
CIK: 0000098222
Period of Report: 2011-03-21

Reporting Person: Lundstrom Bruce Douglas (Executive Vice President/GC)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-21	Common Stock	F	1145	$60.41	Disposed	59440	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	569.0708	Indirect

Footnotes

F1: Withholding of shares to pay taxes.

F2: Shares 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.