Stuart Stavley - 12 Jun 2023 Form 4 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: 12 Jun 2023
Net transactions value: -$19,399
Form type: 4
Filing time: 14 Jun 2023, 20:06:07 UTC
Previous filing: 05 Jun 2023
Next filing: 12 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VTOL	Common Stock	Options Exercise		+3,333	+5.6%		62,924	12 Jun 2023	Direct	F1
transaction	VTOL	Common Stock	Tax liability	$19,399	-812	-1.3%	$23.89	62,112	12 Jun 2023	Direct	F2

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
transaction	VTOL	Restricted Stock Units	Options Exercise		-3,333	-100%		0	12 Jun 2023	Common Stock	3,333		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each performance-vested restricted stock unit ("Performance RSU") represented a contingent right to receive one share of common stock of the issuer ("Common Stock") upon the achievement of a pre-established target volume weighted average price of $25.50 per share of Common Stock over the 120-day period immediately preceding June 12, 2021. The Performance RSUs vested on June 12, 2023.
F2	Shares of Common Stock withheld to cover the associated tax liability upon the vesting of the Performance RSU award.