March 22, 2024 · Form 4 insider transaction
Kneen Quintin sold 144,157 shares of TIDEWATER INC at $89.85 per share, a transaction worth $12.95M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 3 days after the transaction.
Represents a "net exercise" of outstanding stock options. The reporting person received 200,441 shares of common stock on a net exercise of an option to purchase 344,598 shares of common stock. The Company withheld 144,157 shares of common stock for payment of the exercise price and tax withholdings, using the closing stock price on March 21, 2024 of $89.85, pursuant to the terms of the Company's 2017 Stock Incentive Plan.