Company: TDDWW
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001104659-25-038699
Chunk: 48

Company: TIDEWATER INC
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 48
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 with the successful completion of the integration of Swire Pacific. (3) Amounts reflected in the "Stock Awards" column for 2022 and 2023 have been updated to correct an inadvertent error in the previously reported grant date value of PRSUs, which also resulted in updates to the "Total" column for these years. Amounts represent the aggregate grant date fair value of RSUs and PRSUs granted in the years ended December 31, 2022, 2023 and 2024, calculated in accordance with Accounting Standards Codification (“ASC”) Topic 718, Stock Compensation (“ASC 718”). The fair value of RSUs is based on the market price of our common stock on the date of grant, which was $18.84 on March 10, 2022, $39.81 on March 16, 2023, and $89.85 on March 21, 2024. For the PRSUs, the grant date fair value is estimated using a lattice-based Monte Carlo simulation, which included assumptions related to expected price volatility, the risk free interest rate and expected dividend yield as follows:

| ​ 
 ​ 
 ​ 
 ​ 
 ​ | ​                         
 ​                         
 Expected Price Volatility 
 Expected Dividend Yield   
 Risk Free Interest Rate   | ​ 
 ​ 
 ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ 
 ​ 
 ​ | Valuation Assumptions 
 2022                  
 ​                     
 ​                     
 ​                     | ​ 
 ​ 
 ​ | 65.3% 
     — 
 1.84% | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ 
 ​ | 2023 
 ​    
 ​    
 ​    | ​ 
 ​ 
 ​ | 60.7% 
     — 
 3.98% | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ 
 ​ | 2024 
 ​    
 ​    
 ​    | ​ 
 ​ 
 ​ |  50.8% 
      — 
  4.36% | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ 
 ​ 
 ​ |
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