Filing Details

Accession Number:
0001140361-12-007711
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-02-14 11:13:11
Reporting Period:
2012-02-10
Filing Date:
2012-02-14
Accepted Time:
2012-02-14 11:13:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
98222 Tidewater Inc TDW Water Transportation (4400) 720487776
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1197253 E Dean Taylor C/O Tidewater Inc.
601 Poydras St., Suite 1900
New Orleans LA 70130
President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-02-10 54,892 $40.28 263,309 No 4 M Direct
Common Stock Disposition 2012-02-10 54,892 $59.95 208,417 No 4 S Direct
Common Stock Acquisiton 2012-02-13 17,626 $40.28 226,043 No 4 M Direct
Common Stock Disposition 2012-02-13 17,626 $60.03 208,417 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2012-02-10 54,892 $0.00 54,892 $40.28
Common Stock Stock Option (Right to Buy) Disposition 2012-02-13 17,626 $0.00 17,626 $40.28
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
17,626 2003-03-27 2012-03-27 No 4 M Direct
0 2003-03-27 2012-03-27 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 3,957 Indirect As Custodian for Children
Common Stock 4,473 Indirect By Trustee
Footnotes
  1. The exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously entered into by the Reporting Person. These options would have expired if not exercised by March 27, 2012.
  2. The total number of shares shown on this Form 4 as directly beneficially owned by the Reporting Person includes two option exercises (one on 1/6/2010 for 10,000 shares, and a second on 4/30/2010 for 15,000 shares) that were erroneously omitted from the reporting person's Forms 4 until Forms 4/A were filed on January 30, 2012.
  3. This transaction was executed in multiple trades at prices ranging from $59.95 to $59.96322. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  4. The Reporting Person disclaims beneficial ownership of these shares, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or any other purpose.
  5. Acquired on a periodic basis by the Trustee of the Tidewater 401(k) Savings Plan. Includes shares acquired for the account through January 31, 2012.
  6. The options vested in three equal annual installments beginning on the date indicated.