SEC Form 4 · accession 0001140361-16-058754
TIDEWATER INC · TDW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M Bennett
Officer — Executive Vice President
Period of report
Mar 21, 2016
Accepted (ET)
Mar 22, 2016 · 5:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000098222
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $7.21 | Mar 21, 2016 | A | 33,710 | A | — | Mar 21, 2026 | Common Stock | 33,710 | 33,710 | D |
| Phantom Stock UnitsF2,F1 | — | Mar 21, 2016 | A | 52,035 | A | — | Apr 20, 2019 | Common Stock | 52,035 | 52,035 | D |
Explanation of responses
- F1This award vests in three equal annual installments beginning on March 21, 2017.
- F2Each phantom stock unit represents the right to receive the fair market value of one share of the Issuer's common stock in cash.