Kneen Quintin sold TDW
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.
Direction
Disposed (sell-side)
Shares
140,189
Price
$89.85
Total value
$12.60M
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 after651,718
OwnershipDirect
10b5-1 planNo
AmendedNo
Footnotes
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.