TIDEWATER INC 4
4 · TIDEWATER INC · Filed Mar 23, 2007
Insider Transaction Report
Form 4
LOUSTEAU J KEITH
Chief Financial Officer
Transactions
- Award
Stock Option (Right to Buy)
2007-03-21+6,500→ 6,500 totalExercise: $57.65From: 2008-03-21Exp: 2017-03-21→ Common Stock (6,500 underlying) - Award
Common Stock
2007-03-21+9,000→ 56,937 total
Holdings
- 4,887.134(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]The restricted stock award vests at the rate of 25% per year if the change in Economic Value Added (EVA) meets or exceeds annual targeted improvement. EVA equals after-tax operating profits less a charge for debt and equity capital. Capital is charged at a rate equal to weighted average cost of debt and equity. Any unvested restricted stock will automatically vest on March 21, 2011.
- [F2]Acquired on a periodic basis by the Trustee of the Tidewater Inc. 401(k) Savings Plan. Includes shares acquired for account through February 28, 2007.