NEWMAN GRANT D 4
4 · Bristow Group Inc. · Filed Jun 16, 2020
Insider Transaction Report
Form 4
NEWMAN GRANT D
SVP, Strategy & Corp. Dev.
Transactions
- Tax Payment
Common Stock
2020-06-11$5.16/sh−2,714$14,004→ 26,780 total
Footnotes (2)
- [F1]In connection with the business combination pursuant to the Agreement and Plan of Merger, dated as of January 23, 2020 (as amended on April 22, 2020) by and among Era Group Inc. (the "Company"), Bristow Group Inc. ("Old Bristow") and Ruby Redux Merger Sub, Inc. ("Merger Sub"), pursuant to which Merger Sub merged with and into Old Bristow, with Old Bristow surviving as a wholly owned subsidiary of the Company (the "Merger") completed on June 11, 2020 (the "Closing Date"), 11,146 shares of restricted stock vested on the Closing Date and 2,714 shares, reported in column 4, were withheld to cover the associated tax liability upon the vesting of a previously granted award of restricted stock.
- [F2]Shares reported in column 5 give effect to the 1:3 reverse stock split completed in connection with the Merger.