Sec Form 4 Filing - ROBOTTI ROBERT @ TIDEWATER INC - 2022-11-23

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
ROBOTTI ROBERT
2. Issuer Name and Ticker or Trading Symbol
TIDEWATER INC [ TDW]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
125 PARK AVENUE, SUITE 1607
3. Date of Earliest Transaction (MM/DD/YY)
11/23/2022
(Street)
NEW YORK, NY10017
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.001 Par Value Per Share 11/23/2022 P 19,713( 1 ) A $ 30.0967 2,989,508( 2 ) I See Footnote( 7 )
Common Stock, $0.001 Par Value Per Share 11/25/2022 P 25,300( 3 ) A $ 30.3434 3,014,808( 4 ) I See Footnote( 7 )
Common Stock, $0.001 Par Value Per Share 11/28/2022 P 21,488( 5 ) A $ 29.6708 3,036,296( 6 ) I See Footnote( 7 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
ROBOTTI ROBERT
125 PARK AVENUE
SUITE 1607
NEW YORK, NY10017
X
Signatures
/s/ Robert E. Robotti 11/28/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )19,713 shares of the Common Stock, $0.001 par value per share (the "Common Stock") were purchased by a performance-fee paying advisory client of Robotti & Company Advisors, LLC, an investment adviser registered under the Investment Advisers Act of 1940, as amended ("Robotti Advisors") in the open market.
( 2 )This amount includes 442,585 shares of the Common Stock directly beneficially owned by the performance-fee paying advisory clients of Robotti Advisors, 1,520,444 shares of the Common Stock directly beneficially owned by The Ravenswood Investment Company, LP ("RIC"), 895,532 shares of the Common Stock directly beneficially owned by Ravenswood Investments III, L.P. ("RI"), 3,000 shares of the Common Stock directly beneficially owned by Suzanne and Robert Robotti Foundation, Inc. ("Robotti Foundation"), 32,881 shares of the Common Stock directly beneficially owned by Suzanne Robotti ("Su Robotti"), wife of Robert Robotti, and 95,066 shares of the Common Stock, directly beneficially owned by Robert Robotti.
( 3 )25,300 shares of the Common Stock were purchased by a performance-fee paying advisory client of Robotti Advisors in the open market.
( 4 )This amount includes 467,885 shares of the Common Stock directly beneficially owned by the performance-fee paying advisory clients of Robotti Advisors, 1,520,444 shares of the Common Stock directly beneficially owned by RIC, 895,532 shares of the Common Stock directly beneficially owned by RI, 3,000 shares of the Common Stock directly beneficially owned by Robotti Foundation, 32,881 shares of the Common Stock directly beneficially owned by Su Robotti, wife of Robert Robotti, and 95,066 shares of the Common Stock, directly beneficially owned by Robert Robotti.
( 5 )21,488 shares of the Common Stock were purchased by a performance-fee paying advisory client of Robotti Advisors in the open market.
( 6 )This amount includes 489,373 shares of the Common Stock directly beneficially owned by the performance-fee paying advisory clients of Robotti Advisors, 1,520,444 shares of the Common Stock directly beneficially owned by RIC, 895,532 shares of the Common Stock directly beneficially owned by RI, 3,000 shares of the Common Stock directly beneficially owned by Robotti Foundation, 32,881 shares of the Common Stock directly beneficially owned by Su Robotti, wife of Robert Robotti, and 95,066 shares of the Common Stock, directly beneficially owned by Robert Robotti.
( 7 )Mr. Robotti may be deemed to beneficially own (solely for the purpose of Rule 16a-1(a)(2) under the Securities Exchange Act of 1934, as amended ("Exchange Act")) certain of the shares of Common Stock set forth in this Form 4 through his indirect proportionate ownership of Robotti Advisors, as managing director of Ravenswood Management Company, LLC, which serves as the general partner of RIC and RI and through his marriage to Su Robotti. Mr. Robotti disclaims beneficial ownership of all securities reported herein except to the extent of his pecuniary interest therein, if any.

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