Westervelt T. Ballard JR - Feb 18, 2023 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
Feb 18, 2023
Transactions value $
$0
Form type
4
Date filed
2/21/2023, 03:07 PM
Previous filing
Aug 25, 2022
Next filing
Jun 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLNG Common Stock Options Exercise $0 +7.76K +2.59% $0.00 308K Feb 18, 2023 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 -7.76K -5.24% $0.00 141K Feb 18, 2023 Common Stock 7.76K 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. 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.