Stabilis Solutions, Inc. — Director's Dealing 2011

Mar 4, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: American Electric Technologies Inc (AETI)
CIK: 0001043186
Period of Report: 2011-02-28

Reporting Person: Dauber Charles M (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-28	Common Stock	M	1152	—	Acquired	371276	Direct
2011-02-28	Common Stock	M	8900	—	Acquired	380176	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-28	Restricted Stock Units Dated February 28, 2011	$	A	14400	Acquired		Common Stock (14400)	Direct
2011-02-28	Restricted Stock Units Dated February 28, 2011	$	A	35600	Acquired		Common Stock (35600)	Direct
2011-02-28	Restricted Stock Units Dated February 26, 2010	$	D	8900	Disposed		Common Stock (8900)	Direct
2011-02-28	Restricted Stock Units Dated February 26, 2010	$	D	10944	Disposed		Common Stock (10944)	Direct

Footnotes

F1: 4608 restricted stock units granted in 2010 vested on the transaction date based on achievement of 2010 performance criteria and 9792 restricted stock units were cancelled. 1152 of the vested restricted stock units converted to common stock on a one-for-one basis on the transaction date. One-third of the remaining restricted stock units convert to common stock on a one-to-one basis annually on February 28, 2012, 2013 and 2014, subject to a continuing employment requirement.

F2: Represents an incentive compensation award. Vesting of the award is subject to attainment of 2011 performance criteria. Vested restricted stock units convert into common stock on a one-to one basis in four equal annual installments from the transaction date, subject to a continuing employment requirement.

F3: Represents an incentive compensation award. Converts into common stock on a one-to one basis in four equal annual installments from the transaction date, subject to a continuing employment requirement.

F4: 8900 restricted stock units granted in 2010 converted to common stock on a one-for-one basis on the transaction date. The remaining restricted stock units convert to common stock on a one-to-one basis in equal installments on 2012, 2013 and 2014 , subject to a continuing employment requirement.