Luckperms change group name and bulk edit permissions

Just want to make sure I have this right - I want to update "tier1" to "tier1donator" so this would be what I want to do, right? To change the group name then update all associated permissions (command format assumes im running it on the velocity server)

/lpv group tier1 rename tier1donator

/lpv bulkupdate all update permission group.tier1 "permission == group.tier1donator"