TIDEWATER INC — Director's Dealing 2022

Nov 30, 2022

SEC Form 4/A — Form 4/A

Issuer: TIDEWATER INC (TDW)
CIK: 0000098222
Period of Report: 2022-11-23

Reporting Person: ROBOTTI ROBERT (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-23	Common Stock, $0.001 Par Value Per Share	P	19713	$30.0967	Acquired	2989508	Indirect
2022-11-25	Common Stock, $0.001 Par Value Per Share	P	25300	$30.3434	Acquired	3014808	Indirect
2022-11-28	Common Stock, $0.001 Par Value Per Share	P	21636	$29.6708	Acquired	3036444	Indirect
2022-11-28	Common Stock, $0.001 Par Value Per Share	S	148	$29.1	Disposed	3036296	Indirect

Footnotes

F1: 19,713 shares of the Common Stock, $0.001 par value per share (the "Common Stock") were purchased by a performance-fee paying advisory client of Robotti & Company Advisors, LLC, an investment adviser registered under the Investment Advisers Act of 1940, as amended ("Robotti Advisors") in the open market.

F2: This amount includes 442,585 shares of the Common Stock directly beneficially owned by the performance-fee paying advisory clients of Robotti Advisors, 1,520,444 shares of the Common Stock directly beneficially owned by The Ravenswood Investment Company, LP ("RIC"), 895,532 shares of the Common Stock directly beneficially owned by Ravenswood Investments III, L.P. ("RI"), 3,000 shares of the Common Stock directly beneficially owned by Suzanne and Robert Robotti Foundation, Inc. ("Robotti Foundation"), 32,881 shares of the Common Stock directly beneficially owned by Suzanne Robotti ("Su Robotti"), wife of Robert Robotti, and 95,066 shares of the Common Stock, directly beneficially owned by Robert Robotti.

F3: 25,300 shares of the Common Stock were purchased by a performance-fee paying advisory client of Robotti Advisors in the open market.

F4: This amount includes 467,885 shares of the Common Stock directly beneficially owned by the performance-fee paying advisory clients of Robotti Advisors, 1,520,444 shares of the Common Stock directly beneficially owned by RIC, 895,532 shares of the Common Stock directly beneficially owned by RI, 3,000 shares of the Common Stock directly beneficially owned by Robotti Foundation, 32,881 shares of the Common Stock directly beneficially owned by Su Robotti, wife of Robert Robotti, and 95,066 shares of the Common Stock, directly beneficially owned by Robert Robotti.

F5: 21,488 shares of the Common Stock were purchased by a performance-fee paying advisory client of Robotti Advisors in the open market. 148 shares of the Common Stock were purchased by an account of Robotti Securities, LLC, a broker-dealer registered under Section 15 of the Securities Exchange Act of 1934, as amended ("Robotti Securities") in the open market.

F6: This amount includes 489,373 shares of the Common Stock directly beneficially owned by the performance-fee paying advisory clients of Robotti Advisors, 148 shares of the Common Stock directly beneficially owned by an account of Robotti Securities, 1,520,444 shares of the Common Stock directly beneficially owned by RIC, 895,532 shares of the Common Stock directly beneficially owned by RI, 3,000 shares of the Common Stock directly beneficially owned by Robotti Foundation, 32,881 shares of the Common Stock directly beneficially owned by Su Robotti, wife of Robert Robotti, and 95,066 shares of the Common Stock, directly beneficially owned by Robert Robotti.

F7: 148 shares of the Common Stock were sold by a Robotti Securities account in the open market. Due to an administrative error, the purchase and sale of shares reported for 11/28/2022 on this Form 4/A were originally reported as a purchase of 21,488 shares on the Form 4 filed with the Securities and Exchange Commission on November 28, 2022. This Form 4/A is being filed to correct that error. The sale of 148 shares has been identified as subject to disgorgement under Section 16, the amount thereof has been calculated and Tidewater Inc., the issuer, has been reimbursed therefor.

F8: This amount includes 489,373 shares of the Common Stock directly beneficially owned by the performance-fee paying advisory clients of Robotti Advisors, 1,520,444 shares of the Common Stock directly beneficially owned by RIC, 895,532 shares of the Common Stock directly beneficially owned by RI, 3,000 shares of the Common Stock directly beneficially owned by Robotti Foundation, 32,881 shares of the Common Stock directly beneficially owned by Su Robotti, wife of Robert Robotti, and 95,066 shares of the Common Stock, directly beneficially owned by Robert Robotti.

F9: Mr. Robotti may be deemed to beneficially own (solely for the purpose of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended ("Exchange Act")) certain of the shares of Common Stock set forth in this Form 4 through his indirect proportionate ownership of Robotti Advisors, as managing director of Ravenswood Management Company, LLC, which serves as the general partner of RIC and RI and through his marriage to Su Robotti. Mr. Robotti disclaims beneficial ownership of all securities reported herein except to the extent of his pecuniary interest therein, if any.