Westervelt T. Ballard JR - Feb 19, 2024 Form 4 Insider Report for Stabilis Solutions, Inc. (SLNG)

Signature
/s/ Andrew Puhala, Attorney-in-Fact for Westervelt T. Ballard, Jr.
Stock symbol
SLNG
Transactions as of
Feb 19, 2024
Transactions value $
$0
Form type
4
Date filed
2/20/2024, 06:17 PM
Previous filing
Aug 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLNG Common Stock Options Exercise +7.76K +1.93% 410K Feb 19, 2024 Direct F1
transaction SLNG Common Stock Tax liability $0 -1.97K -0.48% $0.00 408K Feb 19, 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SLNG Restricted Stock Units Options Exercise $0 -7.76K -50% $0.00 7.77K Feb 19, 2024 Common Stock 7.76K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 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.
F4 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.