Transaction Details

Footnotes

Shares earned upon vesting and settlement of Performance Restricted Stock Units ("PRSUs") awarded on March 16, 2023, that measured the relative TSR of Tidewater Inc. (the "Issuer") against a predetermined peer group for the three-year period beginning January 1, 2023 through December 3, 2025. On March 18, 2026, the Compensation & Human Capital Committee of the Issuer certified the relative TSR performance at 75%, resulting in the PSUs originally granted becoming earned at 150% of the target amount granted. | Shares withheld for payment of taxes in connection with the vesting and settlement of the PRSUs described in footnote 1 above. | Represents a grant of restricted stock units that vest pro-rata per year on each of March 22, 2027, 2028, and 2029.