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TIDEWATER INC — Director's Dealing 2017
Mar 23, 2017
10404_dirs_2017-03-23_ddfb8c2e-eb04-41bb-805a-628f8bda7f88.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: 2017-03-21
Reporting Person: Platt Jeffrey (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-21 | Common Stock | M | 44808 | — | Acquired | 162110 | Direct |
| 2017-03-21 | Common Stock | D | 44808 | $0.9851 | Disposed | 117302 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-03-21 | Phantom Stock Units | $ | M | 44808 | Disposed | 2019-04-16 | Common Stock (44808) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2071 | Indirect |
Footnotes
F1: Each phantom stock unit represents the right to receive the fair market value of one share of the Issuer's common stock in cash.
F2: Represents shares acquired on a periodic basis and held for the benefit of the Reporting Person by the Trustee of the Tidewater Inc. 401(k) Savings Plan as of February 28, 2017.
F3: This award vests in three equal annual installments beginning on March 21, 2017.
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