13D Filing: Robotti Robert and Tidewater Inc (TDW)

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Page 13 of 14 – SEC Filing

SCHEDULE 13D
CUSIP No. 886423102
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(3) Each of Mr. Robotti and ROBT share with Robotti Advisors the power to vote or direct the vote of, and share the power to dispose or to direct the disposition of, 4,586,978 shares of Common Stock directly beneficially owned by the advisory clients of Robotti Advisors.
(4) Suzanne Robotti has the sole power to vote or direct the vote of, and has the sole power to dispose or to direct the disposition of, 12,000 shares of Common Stock directly beneficially owned by her.
(5) Daniel Vitetta has the sole power to vote or direct the vote of, and has the sole power to dispose or to direct the disposition of, 1,170 shares of Common Stock directly beneficially owned by him.
(6) Each of Messrs. Robotti and Wasiak, ROBT, Robotti Advisors and RMC share with RIC the power to vote or direct the vote of, and share the power to dispose or to direct the disposition of, 1,415,151 shares of Common Stock directly beneficially owned by RIC.
(7) Each of Messrs. Robotti and Wasiak, ROBT, Robotti Advisors and RMC share with RI the power to vote or direct the vote of, and share the power to dispose or to direct the disposition of, 693,927 shares of Common Stock directly beneficially owned by RI.
(c) The table below lists all the transactions in the Issuer’s Common Stock from March 16, 2017, sixty days prior to the event.  All transactions were made by Robotti Advisor, Daniel Vitetta, RIC, and RI in the open market.
Transactions in Shares*
Party
Date of
Purchase/
Sale
Number of
Shares of
the
Common
Stock
Buy/Sell
Price Per Share
Robotti Advisor’s Advisory Client
05/12/2017
4,200
BUY
$
0.86
Daniel Vitetta
05/15/2017
1,000
BUY
$
0.6799
Robotti Advisor’s Advisory Client
05/16/2017
(5,050
)
SELL
$
0.7645
RIC
05/16/2017
165,151
BUY
$
0.7836
RI
05/16/2017
88,927
BUY
$
0.7836
* In addition to the transactions listed above, during the period one or more accounts, which held a total of 7,600 shares of Common Stock, transferred out their position.
(d) Robotti Advisors’ advisory clients have the right to receive and the power to direct the receipt of dividends from, and the proceeds from the sale of, the Common Stock owned by them.  Except as set forth in the immediately preceding sentence, no person other than the Reporting Persons is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such shares of Common Stock beneficially owned by the Reporting Persons.  No advisory client is known to any Reporting Person to have, and except as otherwise set forth herein no Reporting Person has, the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, more than five percent of the Issuer’s Common Stock.
(e)
Not Applicable.
Item 6.
Contracts, Arrangement, Understandings or Relationships with Respect to Securities of the Issuer
Item 6 of the Amended Statement is hereby amended to add the following:
The information set forth in Item 4 of this Statement is incorporated herein by reference.

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