0001437749-23-024689.txt : 20230825 0001437749-23-024689.hdr.sgml : 20230825 20230825164626 ACCESSION NUMBER: 0001437749-23-024689 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230823 FILED AS OF DATE: 20230825 DATE AS OF CHANGE: 20230825 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ballard Westervelt T. JR CENTRAL INDEX KEY: 0001541112 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40364 FILM NUMBER: 231209014 MAIL ADDRESS: STREET 1: 601 POYDRAS STREET STREET 2: SUITE 2400 CITY: NEW ORLEANS STATE: LA ZIP: 70130 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Stabilis Solutions, Inc. CENTRAL INDEX KEY: 0001043186 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 593410234 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 11750 KATY FREEWAY STREET 2: SUITE 900 CITY: HOUSTON STATE: TX ZIP: 77079 BUSINESS PHONE: 8324566500 MAIL ADDRESS: STREET 1: 11750 KATY FREEWAY STREET 2: SUITE 900 CITY: HOUSTON STATE: TX ZIP: 77079 FORMER COMPANY: FORMER CONFORMED NAME: Stabilis Energy, Inc. DATE OF NAME CHANGE: 20190724 FORMER COMPANY: FORMER CONFORMED NAME: American Electric Technologies Inc DATE OF NAME CHANGE: 20070516 FORMER COMPANY: FORMER CONFORMED NAME: AMERICAN ACCESS TECHNOLOGIES INC DATE OF NAME CHANGE: 19971117 4 1 rdgdoc.xml FORM 4 X0508 4 2023-08-23 0001043186 Stabilis Solutions, Inc. SLNG 0001541112 Ballard Westervelt T. JR 11750 KATY FREEWAY SUITE 900 HOUSTON TX 77079 1 1 President and CEO 0 Common Stock 2023-08-23 4 M 0 125000 0 A 432916 D Common Stock 2023-08-23 4 F 0 30438 0 D 402478 D Restricted Stock Units 2023-08-23 4 M 0 125000 0 D Common Stock 125000 15529 D RSU vesting - See additional details at footnotes 2, 3 and 4 The Restricted Stock Units ("RSUs") were awarded to the reporting person pursuant to the Amended and Restated Stabilis Solutions, Inc. 2019 Long Term Incentive Plan (the "Plan"). Each RSU represents the right to receive upon vesting, one share of Stabilis Solutions, Inc. Common Stock. Value of the shares based on the closing price of the stock on the vesting date. Awarded 500,000 RSUs on 8/23/21; 250,000 RSUs vested immediately; 125,000 RSUs vested on 8/23/22; and 125,000 RSUs vested on 8/23/23 (presented above). Awarded 23,293 RSUs on 2/18/22 with 3 Year Graded vesting schedule; 7,764 RSUs vested on 2/18/23; the balance, 15,529, vests equally 2/18/24 and 2/18/25. Unless earlier forfeited under the terms and conditions of the award agreement, the RSUs expire immediately following vesting. /s/ Andrew Puhala, Attorney-in-Fact for Westervelt T. Ballard, Jr. 2023-08-25