TIDEWATER INC 4
4 · TIDEWATER INC · Filed Mar 21, 2016
Insider Transaction Report
Form 4
BENNETT JOSEPH M
Executive Vice President
Transactions
- Disposition to Issuer
Common Stock
2016-03-17$7.19/sh−6,579$47,303→ 66,477 total - Exercise/Conversion
Phantom Stock Units
2016-03-17−6,579→ 13,158 totalExp: 2018-04-16→ Common Stock (6,579 underlying) - Exercise/Conversion
Common Stock
2016-03-17+6,579→ 73,056 total
Holdings
- 4,884(indirect: By 401(k))
Common Stock
Footnotes (3)
- [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 29, 2016.
- [F3]This award vests in three equal annual installments beginning on March 17, 2016.