Andrew L. Puhala - 29 Apr 2022 Form 4 Insider Report for Stabilis Solutions, Inc. (SLNG)

Signature
/s/ Andrew L. Puhala
Issuer symbol
SLNG
Transactions as of
29 Apr 2022
Net transactions value
$0
Form type
4
Filing time
03 May 2022, 14:39:45 UTC
Previous filing
23 Feb 2022
Next filing
09 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLNG Common Stock Options Exercise $0 +6,667 +101% $0.000000 13,284 29 Apr 2022 Direct F1, 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 -6,667 -37% $0.000000 11,326 29 Apr 2022 Common Stock 6,667 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU with 3 Year Graded vesting schedule
F2 The Restricted Stock Units ("RSUs") were awarded to the reporting person pursuant to the Stabilis Solutions, Inc. Amended and Restated 2019 Long Term Incentive Plan (the "LTIP"). Each RSU represents the right to receive upon vesting, one share of Stabilis Solutions, Inc. Common Stock.
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.