What happened
The FAA’s narrative, in sentence case. The FAA writes it in capitals and removes private details.
Pilot stated that while performing tuna spotting at 500', heard a loud noise in the main rotor system followed by lateral shaking of cyclic. Pilot turned back toward the boat approximately 22 miles away. Pilot heard another loud noise from the rotor followed by more shaking of the cyclic. Pilot dropped down to 30 feet and slowed to 20-30 knots and attempted to deploy floats. Floats did not deploy. Pilot heard another loud noise followed by the cyclic snatching to the right very hard at which point the helicopter uncontrollably rolled to the right and hit the water in a 90 degree roll. The helicopter immediately flipped inverted, at which point the pilot and observer were able to exit the helicopter to wait for pickup by the boat.
As the FAA filed it
PILOT STATED THAT WHILE PERFORMING TUNA SPOTTING AT 500', HEARD A LOUD NOISE IN THE MAIN ROTOR SYSTEM FOLLOWED BY LATERAL SHAKING OF CYCLIC. PILOT TURNED BACK TOWARD THE BOAT APPROXIMATELY 22 MILES AWAY. PILOT HEARD ANOTHER LOUD NOISE FROM THE ROTOR FOLLOWED BY MORE SHAKING OF THE CYCLIC. PILOT DROPPED DOWN TO 30 FEET AND SLOWED TO 20-30 KNOTS AND ATTEMPTED TO DEPLOY FLOATS. FLOATS DID NOT DEPLOY. PILOT HEARD ANOTHER LOUD NOISE FOLLOWED BY THE CYCLIC SNATCHING TO THE RIGHT VERY HARD AT WHICH POINT THE HELICOPTER UNCONTROLLABLY ROLLED TO THE RIGHT AND HIT THE WATER IN A 90 DEGREE ROLL. THE HELICOPTER IMMEDIATELY FLIPPED INVERTED, AT WHICH POINT THE PILOT AND OBSERVER WERE ABLE TO EXIT THE HELICOPTER TO WAIT FOR PICKUP BY THE BOAT.