<PAGE>
 
(2)  Mr. Lassiter served as Chief Executive Officer during fiscal 1992 and 1993
     and until July 1994. From July 1994 until December 1994, he was Chairman
     and Chief Executive Officer of Zapata Protein, Inc.  In December 1994, Mr.
     Lassiter withdrew from an active management role with Zapata Protein, Inc.
     as a result of his participation in a group seeking to acquire that
     subsidiary. That proposed acquisition was not consummated, and Mr. Lassiter
     has resumed his active management role with Zapata Protein, Inc. From
     December 1994 to March 1995, he served as Acting Chief Operating Officer of
     Zapata Corporation.  Amounts in the "Salary" column include amounts paid to
     Mr. Lassiter under the consulting agreement described below in "Employment
     Agreements and Other Incentive Plans."

(3)  In connection with the merger of Zapata Gulf Marine Corporation with a
     subsidiary of Tidewater, Inc. in January 1992, Mr. Lassiter received such
     payment under the Equity Incentive Plan established by Zapata Gulf Marine
     Corporation in 1989.  There are no further amounts payable under such plan.
(4)  The amounts indicated represent the Company's contributions to its Profit-
     Sharing Plan.
(5)  Mr. Jackson became an executive officer of the Company in November 1992.
(6)  Mr. Migura resigned as an executive officer of the Company effective as of
     October 28, 1994.
(7)  Mr. Siem was Chief Executive Officer during July and August 1994 and Chief
     Operating Officer from August 1994 until December 1994.  The amount shown
     in the "Salary" column for Mr. Siem includes Director and board committee
     fees and amounts paid under a consulting agreement with the Company
     providing for his services as Chief Operating Officer.  For additional
     information concerning compensation payable to Kristian Siem, see
     "Employment Agreements and Other Incentive Plans" in this Proxy Statement.

          While the officers of the Company receive benefits in the form of
certain perquisites, none of the Named Officers receives perquisites which
exceed in value the lesser of $50,000 or 10% of such officer's salary and bonus.



                   Aggregated Fiscal Year-End Option Values

<TABLE>
<CAPTION>
 
                          Number of Securities           Value of Unexercised
                         Underlying Unexercised        In-the-Money Options at
                      Options at Fiscal Year-End(#)       Fiscal Year-End($)
- -------------------   -----------------------------   -------------------------
Name                    Exercisable/Unexercisable     Exercisable/Unexercisable
- -------------------   -----------------------------   -------------------------
<S>                   <C>                             <C>
Malcolm I. Glazer             6,666 / 13,334                   0 / 0
- -------------------   -----------------------------    ------------------------
Ronald C. Lassiter              244,000 / 0                 335,000 / 0
- -------------------   -----------------------------    ------------------------
Robert W. Jackson                  0 / 0                       0 / 0
- -------------------   -----------------------------    ------------------------
Marvin J. Migura                140,000 / 0                 192,500 / 0
- -------------------   -----------------------------    ------------------------
Joseph B. Mokry                    0 / 0                       0 / 0
- -------------------   -----------------------------    ------------------------
Kristian Siem                 6,666 / 13,334                   0 / 0
- -------------------   -----------------------------    ------------------------
</TABLE>

                                       8