Kneen Quintin sold TDW
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.
Direction
Disposed (sell-side)
Shares
144,157
Price
$89.85
Total value
$12.95M
InsiderKneen Quintin
RoleOfficer, Director
CompanyTidewater Inc. (TDW)
SecurityCommon Stock, $0.001 par value
Transaction codeF: Shares withheld for taxes
Transaction dateMarch 22, 2024
Filing dateMarch 25, 2024
Shares owned after532,749
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
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.