ERA GROUP INC.|4Mar 1, 4:32 PM ET

Fogg Blaine V 4

4 · ERA GROUP INC. · Filed Mar 1, 2013

Form 4

Period: 2013-02-27

Director

Transactions

Award
Stock Options (right to buy)
2013-02-27+13,384→ 13,384 total
Exercise: $18.40Exp: 2022-06-07→ Common stock (13,384 underlying)
Other
Common Stock
2013-01-31+2,250→ 2,250 total
Award
Stock Options (right to buy)
2013-02-27+6,692→ 6,692 total
Exercise: $14.15Exp: 2020-05-20→ Common stock (6,692 underlying)
Award
Stock Options (right to buy)
2013-02-27+13,384→ 13,384 total
Exercise: $20.41Exp: 2021-05-24→ Common stock (13,384 underlying)

Footnotes (4)

[F1]On January 31, 2013, SEACOR Holdings Inc. ("SEACOR") effected the distribution of 100% of the outstanding shares of common stock of Era Group Inc. ("Era Group") held by SEACOR to SEACOR's shareholders (the "Distribution"). As a result of the Distribution, the reporting person received one share of Era Group common stock for each share of SEACOR common stock (including SEACOR restricted stock awards) held on the record date for the Distribution, January 24, 2013, or a total of 2,250 shares of Era Group common stock. The acquisition of shares as a result of the Distribution was exempt pursuant to Rule 16a-9.
[F2]In connection with the Distribution, the reporting person's SEACOR options were converted into Era Group options pursuant to a replacement award agreement between the reporting person and Era Group (the "Replacement Awards"). The compensation committee of the registrant's board of directors ratified the number of awards to be issued as Replacement Awards and the issuance of the Replacement Awards on February 27, 2013.
[F3]The options are fully vested and exercisable.
[F4]The options will vest on June 7, 2013, provided that Mr. Fogg is serving as a director of Era Group as of such date.

Documents

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