FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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
                      

1. Name and Address of Reporting Person *

Morrell Stephen

2. Date of Event Requiring Statement (MM/DD/YYYY)
6/2/2010 

3. Issuer Name and Ticker or Trading Symbol

TRICO MARINE SERVICES INC [TRMA]

(Last)        (First)        (Middle)

10001 WOODLOCH FOREST DRIVE, SUITE 610

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Vice President, Finance /

(Street)

THE WOODLANDS, TX 77380       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   8900   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)     (1) 3/13/2016   Common Stock   5729   $2.05   D    
Stock Appreciation Rights     (2) 3/13/2016   Common Stock   5729   $2.05   D    
Stock Appreciation Rights   3/13/2012   3/13/2016   Common Stock   4583   $2.05   D    
Phantom Stock     (3) 4/28/2017   Common Stock   5685     (4) D    
Stock Appreciation Rights     (5) 4/28/2017   Common Stock   11463   $2.39   D    

Explanation of Responses:
( 1)  These options vest ratably over a three-year period from the grant date and are exercisable as follows: 33% on March 13, 2010, 33% on March 13, 2011 and 34% on March 13, 2012.
( 2)  These SAR's vest ratably over a three-year period from the grant date and are exercisable as follows: 33% on March 13, 2010, 33% on March 13, 2011 and 34% on March 13, 2012.
( 3)  The phantom shares vest ratably over a three-year period from the grant date and are exercisable as follows: 33% on April 28, 2011, 33% on April 28, 2012 and 34% on April 28, 2013. These phantom shares entitle the reporting person to receive a cash settlement unless, prior to a vesting date, the Compensation Committee of Trico Marine Services, Inc.'s Board of Directors elects to make the payment in the form of Trico Marine Services, Inc. common stock.
( 4)  Each share of phantom stock represents the right to receive the fair market value of one share Trico Marine Services, Inc. common stock.
( 5)  These SAR's vest ratably over a three-year period from the grant date and are exercisable as follows: 33% on April 28, 2011, 33% on April 28, 2012 and 34% on April 28, 2013. These SAR's entitle the reporting person to receive a cash settlement unless, prior to a vesting date, the Compensation Committee of Trico Marine Services, Inc.'s Board of Directors elects to make the payment in the form of Trico Marine Services, Inc. common stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Morrell Stephen
10001 WOODLOCH FOREST DRIVE
SUITE 610
THE WOODLANDS, TX 77380


Vice President, Finance

Signatures
/s/ Suzanne B. Kean on behalf of Stephen Morrell 6/2/2010
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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