March 22, 2024 · Form 4 insider transaction
Kneen Quintin sold 140,189 shares of TIDEWATER INC at $89.85 per share, a transaction worth $12.60M. 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 118,969 shares of common stock on a net exercise of an option to purchase 259,158 shares of common stock. The Company withheld 140,189 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.