4//SEC Filing
Kneen Quintin 4
Accession 0001415889-24-009056
CIK 0000098222other
Filed
Mar 24, 8:00 PM ET
Accepted
Mar 25, 7:00 PM ET
Size
18.3 KB
Accession
0001415889-24-009056
Insider Transaction Report
Form 4
Kneen Quintin
DirectorDIRECTOR, PRESIDENT & CEO
Transactions
- Exercise/Conversion
Common Stock, $0.001 par value
2024-03-22$6.47/sh+344,598$2,231,272→ 676,906 total - Exercise/Conversion
Common Stock, $0.001 par value
2024-03-22$18.09/sh+259,158$4,688,168→ 791,907 total - Award
Common Stock, $0.001 par value
2024-03-21+19,477→ 351,362 total - Tax Payment
Common Stock, $0.001 par value
2024-03-22$89.85/sh−140,189$12,595,982→ 651,718 total - Tax Payment
Common Stock, $0.001 par value
2024-03-22$90.87/sh−19,054$1,731,437→ 332,308 total - Exercise/Conversion
Stock Option (right to buy)
2024-03-22−344,598→ 267,183 totalExercise: $6.47From: 2023-04-20Exp: 2030-04-20→ Common Stock, $0.001 par value (344,598 underlying) - Exercise/Conversion
Stock Option (right to buy)
2024-03-22−259,158→ 8,025 totalExercise: $18.09From: 2024-03-22Exp: 2031-03-22→ Common stock, $0.001 par value (259,158 underlying) - Tax Payment
Common Stock, $0.001 par value
2024-03-22$89.85/sh−144,157$12,952,506→ 532,749 total
Footnotes (6)
- [F1]Represents a grant of restricted stock units that vest pro-rata per year on each of March 22, 2025, 2026, and 2027.
- [F2]Represents shares withheld to cover taxes due upon the vesting of restricted stock units.
- [F3]Represents a "net exercise" of outstanding stock options. The reporting person received 200,441 shares of common stock on a net exercise of an option to purchase 344,598 shares of common stock. The Company withheld 144,157 shares of common stock for payment of the exercise price and tax withholdings, using the closing stock price on March 21, 2024 of $89.85, pursuant to the terms of the Company's 2017 Stock Incentive Plan.
- [F4]Represents a "net exercise" of outstanding stock options. The reporting person received 118,969 shares of common stock on a net exercise of an option to purchase 259,158 shares of common stock. The Company withheld 140,189 shares of common stock for payment of the exercise price and tax withholdings, using the closing stock price on March 21, 2024 of $89.85, pursuant to the terms of the Company's 2017 Stock Incentive Plan.
- [F5]The stock option award vested as to 1/3 of the total number of shares on April 20, 2021, April 20, 2022 and April 20, 2023.
- [F6]The stock option award vested as to 1/3 of the total number of shares on March 22, 2022, March 22, 2023 and March 22, 2024.
Documents
Issuer
TIDEWATER INC
CIK 0000098222
Entity typeother
Related Parties
1- filerCIK 0001391071
Filing Metadata
- Form type
- 4
- Filed
- Mar 24, 8:00 PM ET
- Accepted
- Mar 25, 7:00 PM ET
- Size
- 18.3 KB