ERA GROUP INC. 4
4 · ERA GROUP INC. · Filed Mar 21, 2014
Insider Transaction Report
Form 4
Transactions
- Award
Common Stock
2014-03-19+75,000→ 76,026.151 total - Award
Stock Options (right to buy)
2014-03-19+20,000→ 20,000 totalExercise: $29.24Exp: 2024-03-19→ Common Stock (20,000 underlying) - Award
Common Stock
2014-03-19+16,000→ 92,026.151 total - Sale
Common Stock
2014-03-20$28.99/sh−7,084$205,365→ 84,942.151 total
Holdings
- 600(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]On March 19, 2013, the reporting person was granted 75,000 shares of restricted stock subject to performance conditions (which have been satisfied). The shares vest in equal portions on March 19, 2014, 2015, 2016 and 2017.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.82 to $29.16, 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.
- [F3]These options become exercisable in four equal annual installments beginning on the first anniversary of the grant date.