Company: TDDWW
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001104659-25-038699
Chunk: 41

Company: TIDEWATER INC
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 41
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 | ​ | ​ | ​                         | ​ | 82.0% | ​ | ​ | ​ | ​ | ​ | ​ | ​               | $ | 326,975 | ​ | ​ |

(1) Base salaries reflect mid-year adjustments for Messrs. Hudson and Middleton. Long-Term Incentive Compensation . We maintain one main long-term incentive (LTI) plan, the Tidewater Inc. 2021 Stock Incentive Plan (2021 LTI Plan), which became effective in connection with our 2021 Annual Meeting. For 2024, the Committee granted each NEO’s LTI award in the form of 50% time-based RSUs and 50% performance-based RSUs. For 2024, the C&HC Committee retained the prior year’s mix of long-term incentive awards that included 50% PRSUs and 50% RSUs for the CEO and changed the awards for all other NEOs to be comprised of the same to further increase stockholder alignment. For each NEO, time-based RSUs vest in three equal installments on or about the first three anniversaries of the date of grant, contingent upon continued employment on the vesting date (except in the case of death or termination due to disability), and performance-based RSUs vest in a three-year cliff, subject to meeting the required performance metrics.

| ​ | Named Executive       | ​ | ​ | 2024TargetGrant Value |   |           |   | ​ | ​ | Time-VestingRSUs(1) |   |        |   | ​ | ​ | Performance-VestingRSUs(2) |   |        |   | ​ |
|:--|:----------------------|:--|:--|:----------------------|:--|----------:|:--|:--|:--|:--------------------|:--|-------:|:--|:--|:--|:---------------------------|:--|-------:|:--|:--|
| ​ | Quintin V. Kneen      | ​ | ​ | ​                     | $ | 3,500,000 | ​ | ​ | ​ | ​                   | ​ | 19,477 | ​ | ​ | ​ | ​                          | ​ | 19,476 | ​ | ​ |
| ​ | Samuel R. Rubio       | ​ | ​ | ​                     | $ | 1,000,000 | ​ | ​ | ​ | ​                   | ​ |