SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
JANUARY 10, 2003
(Date of Earliest Event Reported)
OFFSHORE LOGISTICS, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 000-05232 72-0679819
(State or other (Commission File Number) (IRS Employer
Jurisdiction Identification
of incorporation) Number)
224 RUE DE JEAN, P.O. BOX 5C, LAFAYETTE, LOUISIANA 70505
(Address of principal executive offices, including Zip Code)
(337) 233-1221
(Registrant's telephone number, including area code)
ITEM 5 - OTHER EVENTS.
On January 10, 2003, Offshore Logistics, Inc., a Delaware
corporation (the "Company"), entered into the Second Amendment to the Rights
Agreement, dated as of January 10, 2003 (the "Second Amendment"), between the
Company and Mellon Investor Services LLC, a New Jersey limited liability
company, as rights agent. The Second Amendment, among other things, amends the
Company's existing Rights Agreement to permit certain institutional investors to
acquire and hold not more than 12.5% of the outstanding shares of common stock
of the Company (the "Common Shares") without triggering a distribution of the
Company's preferred share purchase rights, provided that the investor acquires
or holds the Common Shares in the ordinary course of its business and not with
the purpose nor with the effect of changing or influencing the control of the
Company.
A copy of the Second Amendment is attached hereto as Exhibit
99.1 and incorporated herein by reference. The foregoing description of the
Second Amendment is qualified in its entirety by reference to the full text of
Exhibit 99.1.
ITEM 7(C) - EXHIBITS.
99.1 Second Amendment to the Rights Agreement, dated as of
January 10, 2003, between Offshore Logistics, Inc. and
Mellon Investor Services LLC (formerly known as ChaseMellon
Shareholder Services, L.L.C.) as rights agent (incorporated
by reference to Exhibit 4.3 to the Company's Amendment No. 2
to its Registration Statement on Form 8-A/A filed on January
13, 2003).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
OFFSHORE LOGISTICS, INC.
Date: January 13, 2003 By: /s/ H. Eddy Dupuis
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Name: H. Eddy Dupuis
Title: Vice President, Chief Financial
Officer and Secretary
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EXHIBIT INDEX
Exhibit Description
99.1 Second Amendment to the Rights Agreement, dated as of
January 10, 2003, between Offshore Logistics, Inc. and
Mellon Investor Services LLC (formerly known as ChaseMellon
Shareholder Services, L.L.C.) as rights agent (incorporated
by reference to Exhibit 4.3 to the Company's Amendment No. 2
to its Registration Statement on Form 8-A/A filed on January
13, 2003).