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TIDEWATER INC Director's Dealing 2012

Mar 16, 2012

10404_dirs_2012-03-16_9d0a161e-52c3-48f6-ba36-fd73ee72df80.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TIDEWATER INC (TDW)
CIK: 0000098222
Period of Report: 2012-03-14

Reporting Person: Fanning Quinn P (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-03-14 Common Stock A 19098 Acquired 65493 Direct
2012-03-15 Common Stock S 3000 $54.2877 Disposed 62493 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 622.8569 Indirect

Footnotes

F1: Represents a grant of time-based restricted stock units that will vest 1/3 per year over three years following the grant date.

F2: This transaction was executed in multiple trades ranging from $54.28 to $54.29. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes, upon the request of the SEC staff, the issuer or a security holder of the issuer, to provide full information regarding the number of shares and prices at which the transaction was effected.

F3: Acquired on a periodic basis by the Trustee of the Tidewater Inc. 401(k) Savings Plan. Includes shares acquired for the account through February 29, 2012.