Rubio Samuel R 4
4 · TIDEWATER INC · Filed Mar 20, 2025
Insider Transaction Report
Form 4
Rubio Samuel R
EVP, CFO & CAO
Transactions
- Award
Common Stock, par value $0.001
2025-03-18$41.33/sh+22,558$932,322→ 82,508 total - Award
Common Stock, par value $0.001
2025-03-18$41.33/sh+12,098$500,010→ 85,729 total - Tax Payment
Common Stock, par value $0.001
2025-03-18$41.33/sh−8,877$366,886→ 73,631 total
Footnotes (3)
- [F1]Shares earned upon vesting and settlement of Performance Restricted Stock Units ("PRSUs") awarded on March 10, 2022, that measured the relative TSR of Tidewater Inc. (the "Issuer") against a predetermined peer group for the three-year period beginning January 1, 2022 through December 3, 2024. On March 18, 2025, the Compensation & Human Capital Committee of the Issuer certified the relative TSR performance at the maximum level, resulting in all of the PSUs originally granted becoming earned at 200% of the target amount granted.
- [F2]Shares withheld for payment of taxes in connection with the vesting and settlement of the PRSUs described in footnote 1 above.
- [F3]Represents a grant of restricted stock units that vest pro-rata per year on each of March 22, 2026, 2027, and 2028.