Kneen Quintin 4
4 · TIDEWATER INC · Filed Mar 20, 2025
Insider Transaction Report
Form 4
Kneen Quintin
DirectorDIRECTOR, PRESIDENT & CEO
Transactions
- Award
Common Stock, $0.001 par value
2025-03-18$41.33/sh+185,776$7,678,122→ 349,041 total - Tax Payment
Common Stock, $0.001 par value
2025-03-18$41.33/sh−77,469$3,201,794→ 271,572 total - Award
Common Stock, $0.001 par value
2025-03-18$41.33/sh+44,762$1,850,013→ 316,334 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.