TIDEWATER INC 4
4 · TIDEWATER INC · Filed Mar 23, 2017
Insider Transaction Report
Form 4
Lundstrom Bruce Douglas
Executive Vice President/GC
Transactions
- Exercise/Conversion
Common Stock
2017-03-21+25,054→ 71,562 total - Disposition to Issuer
Common Stock
2017-03-21$0.99/sh−25,054$24,681→ 46,508 total - Exercise/Conversion
Phantom Stock Units
2017-03-21−25,054→ 50,107 totalExp: 2019-04-16→ Common Stock (25,054 underlying)
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 21, 2017.