SEC Form 4 · accession 0001525221-15-000036
Bristow Group Inc. · VTOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Scott Bradshaw
Officer — Director, CEO and CFO · Director
Period of report
Mar 19, 2015
Accepted (ET)
Mar 20, 2015 · 7:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001525221
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 19, 2015 | A | 25,000 | $0.00 | A | 77,180 | D | |
| Common StockF2 | Mar 20, 2015 | S | 3,624 | $20.966 | D | 73,556 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F3 | $21.26 | Mar 19, 2015 | A | 60,000 | A | — | Mar 19, 2025 | Common Stock | 60,000 | 100,000 | D |
Explanation of responses
- F1Includes 1,133.27 shares of common stock acquired at $18.75 per share on February 27, 2015 pursuant to the Issuer's 2013 Employee Stock Purchase Plan.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.93 to $20.985, inclusive. The reporting person undertakes to provide to Era Group Inc., any security holder of Era Group Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F3These options become exercisable as to 50% of the underlying shares of common stock on the first anniversary of the grant date and 25% of the underlying shares of common stock on each of the second and third anniversaries of the grant date.