TIDEWATER INC — Director's Dealing 2011

Feb 10, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIDEWATER INC (TDW)
CIK: 0000098222
Period of Report: 2011-02-09

Reporting Person: TAYLOR DEAN E (Director, President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-09	Common Stock	G	1080	—	Disposed	136024	Direct
2010-02-09	Common Stock	G	1080	—	Disposed	134944	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3957	Indirect
Common Stock	4226.1259	Indirect

Footnotes

F1: Gift of shares to minor children.

F2: The reporting person disclaims beneficial ownership of these shares, and this report should not be deemed an admisssion that the reporting person is the beneficial owner of these shares for purposes of Section 16 or any other purpose.

F3: Acquired on a periodic basis by the Trustee of the Tidewater Inc. 401(K) Savings Plan. Includes shares acquired for the account through January 31, 2011.