Form 4 for TDW TIDEWATER INC
Accepted 2025-03-20 00:00:00 ET · period of report 2025-03-18 · accession 0001415889-25-008705 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2025-03-20 | 2025-03-18 | TDW | Hudson Daniel A. | EVP, GC | A - Grant | $41.33 | +32.8K | 93.7K | +54% | +$1.36M |
| 2025-03-20 | 2025-03-18 | TDW | Hudson Daniel A. | EVP, GC | F - Tax | $41.33 | -8,990 | 83.5K | -10% | -$371.6K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, $0.001 par value | 2025-03-18 | A | A | 22,558 | $41.33 | 92,450 | D | — | — | (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. |
| 2 | Common | Common Stock, $0.001 par value | 2025-03-18 | A | A | 10,283 | $41.33 | 93,743 | D | — | — | (F3) Represents a grant of restricted stock units that vest pro-rata per year on each of March 22, 2026, 2027, and 2028. |
| 3 | Common | Common Stock, $0.001 par value | 2025-03-18 | F | D | 8,990 | $41.33 | 83,460 | D | — | — | (F2) Shares withheld for payment of taxes in connection with the vesting and settlement of the PRSUs described in footnote 1 above. |