Westervelt T. Ballard JR - Aug 23, 2021 Form 4 Insider Report for Stabilis Solutions, Inc. (SLNG)

Role
President and CEO, Director
Signature
/s/ Andrew Puhala, Attorney-in-Fact for Westervelt T. Ballard, Jr.
Stock symbol
SLNG
Transactions as of
Aug 23, 2021
Transactions value $
$0
Form type
4
Date filed
8/25/2021, 07:04 PM
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLNG Common Stock Award $0 +250K $0.00 250K Aug 23, 2021 Direct
transaction SLNG Common Stock Tax liability $0 -56.6K -22.66% $0.00 193K Aug 23, 2021 Direct

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 Award $0 +500K $0.00 500K Aug 23, 2021 Common Stock 500K Direct F1, F2, F3
transaction SLNG Restricted Stock Units Options Exercise $0 -250K -50% $0.00 250K Aug 23, 2021 Common Stock 250K 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 Stabilis Solutions, Inc. 2019 Long Term Incentive Plan (the "LTIP"). Each RSU represents the right to receive upon vesting, one share of Stabilis Solutions, Inc. Common Stock.
F2 Awarded 500,000 RSUs. 250,000 vest immediately; 125,000 RSUs will vest on August 20, 2022 and 125,000 RSUs will vest on August 20, 2023
F3 Unless earlier forfeited under the terms and conditions of the award agreement, the RSUs expire immediately following vesting.
F4 250,000 RSUs vested immediately.