RedactedNarrative: VESSEL 1 WAS ENROUTE TO BOLLES HARBOR BOAT LAUNCH FROM PUT-IN-BAY WHEN VESSEL'S STARBOARD OUTDRIVE FELL OFF THE TRANSOM.  VESSEL 1, WHICH WAS TRAVELLING APPROXIMATELY 35 MPH, CAME OFF PLANE AS THE STERN STARTED TO SINK.  THE OPERATOR AND HIS PASSENGER WERE ABLE TO USE A CUSHION AS FLOATATION AS THEY CALLED 911 AND WERE SUBSEQUENTLY LOCATED/RESCUED BY USCG.