0001437749-24-004886.txt : 20240220
0001437749-24-004886.hdr.sgml : 20240220
20240220181716
ACCESSION NUMBER: 0001437749-24-004886
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240219
FILED AS OF DATE: 20240220
DATE AS OF CHANGE: 20240220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ballard Westervelt T. JR
CENTRAL INDEX KEY: 0001541112
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40364
FILM NUMBER: 24655510
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]
ORGANIZATION NAME: 01 Energy & Transportation
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
2024-02-19
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
2024-02-19
4
M
0
7764
A
410242
D
Common Stock
2024-02-19
4
F
0
1965
0
D
408277
D
Restricted Stock Units
2024-02-19
4
M
0
7764
0
D
Common Stock
7764
7765
D
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. This transaction represents the settlement of RSUs in shares of Common Stock.
Value of shares based on the closing price of the stock on the vesting date, $4.455. Shares withheld by issuer to satisfy tax withholding on vesting of RSU.
The RSUs were awarded to the reporting person pursuant to the LTIP and vest ratably in three annual installments beginning one year from the grant date, subject to the terms and conditions of the award agreement.
Unless earlier forfeited under the terms and conditions of the award agreement, the RSUs expire immediately following vesting. The RSUs were settled for shares of Common Stock.
/s/ Andrew Puhala, Attorney-in-Fact for Westervelt T. Ballard, Jr.
2024-02-20