TIDEWATER INC 4
4 · TIDEWATER INC · Filed Mar 23, 2017
Insider Transaction Report
Form 4
BENNETT JOSEPH M
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock
2017-03-21+17,345→ 81,334 total - Disposition to Issuer
Common Stock
2017-03-21$0.99/sh−17,345$17,087→ 63,989 total - Exercise/Conversion
Phantom Stock Units
2017-03-21−17,345→ 34,690 totalExp: 2019-04-16→ Common Stock (17,345 underlying)
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 28, 2017.
- [F3]This award vests in three equal annual installments beginning on March 21, 2017.