<SEC-DOCUMENT>0001181431-13-013623.txt : 20130301
<SEC-HEADER>0001181431-13-013623.hdr.sgml : 20130301
<ACCEPTANCE-DATETIME>20130301163854
ACCESSION NUMBER:		0001181431-13-013623
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20130227
FILED AS OF DATE:		20130301
DATE AS OF CHANGE:		20130301

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ERA GROUP INC.
		CENTRAL INDEX KEY:			0001525221
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR TRANSPORTATION, NONSCHEDULED [4522]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		600 AIRPORT SERVICE ROAD
		CITY:			LAKE CHARLES
		STATE:			LA
		ZIP:			70605
		BUSINESS PHONE:		337-478-6131

	MAIL ADDRESS:	
		STREET 1:		600 AIRPORT SERVICE ROAD
		CITY:			LAKE CHARLES
		STATE:			LA
		ZIP:			70605

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Era Froup Inc.
		DATE OF NAME CHANGE:	20110708

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WEBSTER STEVEN A
		CENTRAL INDEX KEY:			0001008023

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35701
		FILM NUMBER:		13658321

	MAIL ADDRESS:	
		STREET 1:		500 DALLAS STREET
		STREET 2:		SUITE 2300
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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<DESCRIPTION>FORM 4
<TEXT>
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    <schemaVersion>X0306</schemaVersion>

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    <periodOfReport>2013-02-27</periodOfReport>

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    <issuer>
        <issuerCik>0001525221</issuerCik>
        <issuerName>ERA GROUP INC.</issuerName>
        <issuerTradingSymbol>ERA</issuerTradingSymbol>
    </issuer>

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        <reportingOwnerId>
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            <rptOwnerName>WEBSTER STEVEN A</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O ERA GROUP INC.</rptOwnerStreet1>
            <rptOwnerStreet2>818 TOWN &amp; COUNTRY BLVD., SUITE 200</rptOwnerStreet2>
            <rptOwnerCity>HOUSTON</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>77024</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
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    </reportingOwner>

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                <value>Common Stock</value>
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            <transactionDate>
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                <transactionCode>J</transactionCode>
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            <transactionAmounts>
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                <underlyingSecurityShares>
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                    <value>D</value>
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        </derivativeTransaction>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Options (right to buy)</value>
            </securityTitle>
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                <transactionPricePerShare>
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                <transactionAcquiredDisposedCode>
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                <value>2013-02-27</value>
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            <exerciseDate>
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                </directOrIndirectOwnership>
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            <securityTitle>
                <value>Stock Options (right to buy)</value>
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    </derivativeTable>

    <footnotes>
        <footnote id="F1">On January 31, 2013, SEACOR Holdings Inc. (&quot;SEACOR&quot;) effected the distribution of 100% of the outstanding shares of common stock of Era Group Inc. (&quot;Era Group&quot;) held by SEACOR to SEACOR's shareholders (the &quot;Distribution&quot;).  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 24,087 shares of Era Group common stock.  The acquisition of shares as a result of the Distribution was exempt pursuant to Rule 16a-9.</footnote>
        <footnote id="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 &quot;Replacement Awards&quot;).  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.</footnote>
        <footnote id="F3">The options are fully vested and exercisable.</footnote>
        <footnote id="F4">The options will vest on June 7, 2013, provided that Mr. Webster is serving as a director of Era Group as of such date.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Steven Webster</signatureName>
        <signatureDate>2013-03-01</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
