TIDEWATER INC 4
4 · TIDEWATER INC · Filed Mar 22, 2017
Insider Transaction Report
Form 4
Lundstrom Bruce Douglas
Executive Vice President/GC
Transactions
- Exercise/Conversion
Phantom Stock Units
2017-03-17−9,503→ 9,503 totalExp: 2018-04-16→ Common Stock (9,503 underlying) - Exercise/Conversion
Common Stock
2017-03-17+9,503→ 56,011 total - Disposition to Issuer
Common Stock
2017-03-17$0.95/sh−9,503$9,023→ 46,508 total
Holdings
- 1,761(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 28, 2017.
- [F3]This award vests in three equal annual installments beginning on March 17, 2016.