# EDGAR Filing Document

**Accession Number:** 0001525221
**File Stem:** 0001140361-23-007228
**Filing Date:** 2023-2
**Character Count:** 10988
**Document Hash:** 73cf64182499529719938ac349ca81c8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-23-007228.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0001140361-23-007228

**CONFORMED SUBMISSION TYPE**: SC 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230215

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bristow Group Inc.
- **CENTRAL INDEX KEY:** 0001525221
- **STANDARD INDUSTRIAL CLASSIFICATION:** AIR TRANSPORTATION, NONSCHEDULED [4522]
- **IRS NUMBER:** 721455213
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-87230
- **FILM NUMBER:** 23635281

**BUSINESS ADDRESS:**
- **STREET 1:** 3151 BRIARPARK DRIVE, SUITE 700
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77042
- **BUSINESS PHONE:** 713-369-4700

**MAIL ADDRESS:**
- **STREET 1:** 3151 BRIARPARK DRIVE, SUITE 700
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77042

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ERA GROUP INC.
- **DATE OF NAME CHANGE:** 20110708

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Era Froup Inc.
- **DATE OF NAME CHANGE:** 20110708
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** South Dakota Investment Council
- **CENTRAL INDEX KEY:** 0001538846
- **IRS NUMBER:** 466000364
- **STATE OF INCORPORATION:** SD
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A

**BUSINESS ADDRESS:**
- **STREET 1:** 4009 W. 49TH STREET, SUITE 300
- **CITY:** SIOUX FALLS
- **STATE:** SD
- **ZIP:** 57106
- **BUSINESS PHONE:** 605-362-2820

**MAIL ADDRESS:**
- **STREET 1:** 4009 W. 49TH STREET, SUITE 300
- **CITY:** SIOUX FALLS
- **STATE:** SD
- **ZIP:** 57106

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### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

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### SCHEDULE 13D

#### Under the Securities Exchange Act of 1934

#### (Amendment No. 3)\*

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## Bristow Group Inc.

#### (Name of Issuer)

#### Common Stock

#### (Title of Class of Securities)

#### 11040G103

#### (CUSIP Number)

#### Matthew L. Clark

#### 4009 W 49th Street

#### Suite 300

#### Sioux Falls, SD 57106

#### 605-362-2820

#### (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

#### February 14, 2023

#### (Date of Event Which Requires Filing of This Statement)

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If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

**Note:** Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies of this statement are to be sent.

\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("**Act**") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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SCHEDULE 13D

CUSIP No. 11040G103 Page 2 of 3<br>

---

| | | | | |
|:---|:---|:---|:---|:---|
| **1** | **NAMES OF REPORTING PERSONS** | **NAMES OF REPORTING PERSONS** |  |  |
| **1** | South Dakota Investment Council | South Dakota Investment Council |  |  |
| **1** | South Dakota Investment Council | South Dakota Investment Council |  |  |
| **2** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | **CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP** | (a) | ☐ |
| **2** |  |  | (b) | ☐ |
| **2** |  |  |  |  |
| **3** | **SEC USE ONLY** | **SEC USE ONLY** |  |  |
| **3** |  |  |  |  |
| **3** |  |  |  |  |
| **4** | **SOURCE OF FUNDS (SEE INSTRUCTIONS)** | **SOURCE OF FUNDS (SEE INSTRUCTIONS)** |  |  |
| **4** | OO | OO |  |  |
| **4** | OO | OO |  |  |
| **5** | **CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)** | **CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)** |  | ☐ |
| **5** |  |  |  |  |
| **5** |  |  |  |  |
| **6** | **CITIZENSHIP OR PLACE OF ORGANIZATION** | **CITIZENSHIP OR PLACE OF ORGANIZATION** |  |  |
| **6** | South Dakota, USA | South Dakota, USA |  |  |
| **6** | South Dakota, USA | South Dakota, USA |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | **SOLE VOTING POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 5807782 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **7** | 5807782 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | **SHARED VOTING POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | N/A |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **8** | N/A |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | **SOLE DISPOSITIVE POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | 5807782 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **9** | 5807782 |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | **SHARED DISPOSITIVE POWER** |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | N/A |  |  |
| **NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH** | **10** | N/A |  |  |
| **11** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** | **AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON** |  |  |
| **11** | 5807782 | 5807782 |  |  |
| **11** | 5807782 | 5807782 |  |  |
| **12** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** | **CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)** |  | ☐ |
| **12** |  |  |  |  |
| **12** |  |  |  |  |
| **13** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)** | **PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)** |  |  |
| **13** | 20.7%\* | 20.7%\* |  |  |
| **13** | 20.7%\* | 20.7%\* |  |  |
| **14** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** | **TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)** |  |  |
| **14** | EP | EP |  |  |
| **14** | EP | EP |  |  |

---

\* The ownership percentage has been calculated based on an aggregate total of 28,016,388 shares of Common Stock (as defined below) issued and outstanding as of October 27, 2022, as provided by the Company, based on the Quarterly Report on Form 10-Q filed by the Company on November 3, 2022.

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SCHEDULE 13D

CUSIP No. 11040G103 Page 3 of 3<br>

This Amendment No. 3 ("Amendment No. 3") to Schedule 13D initially filed with the Securities and Exchange Commission (the "SEC") on June 22, 2020 (the "Schedule 13D") by South Dakota Investment Council (the "Reporting Person") relating to the shares of common stock, par value $0.01 per share (the "Common Stock") of Bristow Group Inc., a Delaware corporation (the "Issuer"), reflects changes to the information in the amendment to the Schedule 13D filed by the Reporting Person on June 7, 2022 ("Amendment No.2"). Except as otherwise indicated, capitalized terms used and not defined in this Amendment No. 3 shall have the meaning assigned to such term in the Schedule 13D. Except as otherwise provided herein, each item of the Schedule 13D remains unchanged.

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| | |
|:---|:---|
| **Item 5.** | **Interest in Securities of the Issuer.** |

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Items 5(a)-(c) of the Schedule 13D are hereby amended and restated as follows:

(a) – (b) The responses of the Reporting Person with respect to Rows 11, 12 and 13 of the cover pages of this Schedule 13D that relate to the aggregate number and percentage of shares of Common Stock are incorporated herein by reference. The responses of the Reporting Person with respect to Rows 7, 8, 9 and 10 of the cover pages of this Schedule 13D that relate to the aggregate number of shares of Common Stock as to which the Reporting Person referenced in Item 2 above has sole or shared power to vote or to direct the vote and sole or shared power to dispose or to direct the disposition are incorporated herein by reference.

The aggregate percentage of shares of Common Stock reported as beneficially owned by the Reporting Person was calculated based on 28,016,388 shares of Common Stock issued and outstanding as of October 27, 2022, as provided by the Company, based on the Quarterly Report on Form 10-Q filed by the Company on November 3, 2022.

(c) Except as disclosed in Exhibit 1 of this Schedule 13D, there have been no transactions with respect to the Common Stock during the sixty days prior to the date of filing of this Schedule 13D by the Reporting Person.

(d) None.

(e) Not applicable.

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 15, 2023

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| | | |
|:---|:---|:---|
| **SOUTH DAKOTA INVESTMENT COUNCIL** | **SOUTH DAKOTA INVESTMENT COUNCIL** | **SOUTH DAKOTA INVESTMENT COUNCIL** |
| By: | /s/ Matthew L. Clark | /s/ Matthew L. Clark |
|  | Name: | Matthew L. Clark |
|  | Title: | State Investment Officer |

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Exhibit 1

TRANSACTIONS

The following table sets forth all transactions effected in the last sixty days by or on behalf of the Reporting Person in relation to the shares of Common Stock. The below transactions were effected in the open market.

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| | | | |
|:---|:---|:---|:---|
| **<u>Trade Date</u>** | **<u>Number of Shares</u>** <br> **<u>Sold</u>** | **<u>Weighted Average</u>** <br> **<u>Price per Share</u>** | **<u>Price Range</u>** |
| 01/10/2023 | 4261 | $27.3408 | $27.34-$27.38 |
| 01/11/2023 | 15414 | $27.5025 | $27.50-$27.52 |
| 01/12/2023 | 8362 | $28.9546 | $28.90-$29.15 |
| 01/13/2023 | 14900 | $28.4068 | $28.40-$28.47 |
| 01/17/2023 | 1875 | $29.0971 | $29.00-$29.30 |
| 01/18/2023 | 7 | $29.4200 | $29.42-$29.42 |
| 01/19/2023 | 2226 | $29.1015 | $29.10-$29.115 |
| 01/20/2023 | 18700 | $29.3575 | $29.35-$29.54 |
| 01/23/2023 | 4081 | $29.8000 | $29.80-$29.80 |
| 01/24/2023 | 2480 | $29.5896 | $29.41-$29.82 |
| 01/25/2023 | 4558 | $29.9525 | $29.95-$29.97 |
| 01/26/2023 | 7359 | $30.0060 | $30.00-$30.03 |
| 01/31/2023 | 13533 | $30.5985 | $30.50-$30.85 |
| 02/01/2023 | 1010 | $30.5599 | $30.51-$30.63 |
| 02/03/2023 | 1928 | $30.7131 | $30.70-$30.885 |
| 02/14/2023 | 5659 | $28.7762 | $28.72-$28.92 |

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