Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SLNG | Stock Appreciation Rights | Award | $0 | +81.8K | $0.00 | 81.8K | Jun 26, 2023 | Common Stock | 81.8K | $10.00 | Direct | F1 |
Id | Content |
---|---|
F1 | The Stock Appreciation Rights ("SARs") were awarded to the reporting person pursuant to the Stabilis Solutions, Inc. Amended and Restated 2019 Long Term Incentive Plan (the "LTIP"). Each SAR represents the right to receive upon vesting, one share of Stabilis Solutions, Inc. Common Stock, or, at the option of Stabilis Solutions, Inc., cash or any combination of stock and cash thereof. 100% of SARs vest when the closing price of Stabilis Solutions, Inc. common stock averages $10 over any 10 consecutive trading days, prior to January 1, 2025, subject to the terms and conditions of the award agreement. |