Stuart Stavley - 09 Feb 2023 Form 3 Insider Report for Bristow Group Inc. (VTOL)

Role
COO, Offshore Energy Services
Signature
/s/ Justin D. Mogford, attorney-in-fact for Stuart Stavley
Issuer symbol
VTOL
Transactions as of
09 Feb 2023
Net transactions value
$0
Form type
3
Filing time
10 Feb 2023, 15:11:07 UTC
Next filing
13 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VTOL Common Stock 26,817 09 Feb 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding VTOL Employee Stock Option (Right to Buy) 09 Feb 2023 Common Stock 5,000 $20.48 Direct F2
holding VTOL Employee Stock Option (Right to Buy) 09 Feb 2023 Common Stock 10,000 $15.76 Direct F3
holding VTOL Restricted Stock Units 09 Feb 2023 Common Stock 10,000 $0.000000 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes (i) 4,324 shares of restricted stock that, subject to limited exceptions, will vest on March 9, 2023, (ii) 6,275 shares of restricted stock that will vest in two equal installments scheduled to occur on June 1, 2023 and June 1, 2024, and (iii) 9,175 shares of restricted stock that will vest in three equal installments scheduled to occur on June 1, 2023, June 1, 2024 and June 1, 2025.
F2 These options granted on March 19, 2013 are fully vested and exercisable.
F3 These options granted on June 17, 2020 vest in full on June 12, 2023, subject to continuous service of the reporting person as of such vesting date.
F4 Each performance-vested restricted stock unit ("Performance RSU") granted on June 17, 2020 represents a contingent right to receive one share of common stock of the issuer ("Common Stock").
F5 The Performance RSUs are subject to a three-year performance period ending on June 12, 2023 and vest on June 12, 2023, if at all, if earned in three equal annual installments beginning on June 12, 2021 based on the achievement of pre-established target volume weighted average prices per share of Common Stock over the 120-day period immediately preceding June 12, 2021; June 12, 2022; and June 12, 2023.

Remarks:

Exhibit List: Power of Attorney