Stabilis Solutions, Inc. — Director's Dealing 2012

May 4, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: American Electric Technologies Inc (AETI)
CIK: 0001043186
Period of Report: 2012-05-02

Reporting Person: JCH Crenshaw Holdings, LLC (Director by Deputization)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-05-02	Series A Convertible Preferred Stock	$5.00	P	1000000	Acquired		Common Stock (200000)	Direct
2012-05-02	Warrants (Right to Buy)	$6.00	P	125000	Acquired	2020-05-02	Common Stock (125000)	Direct
2012-05-02	Warrants (Right to Buy)	$7.00	P	200000	Acquired	2020-05-02	Common Stock (200000)	Direct

Footnotes

F1: On May 2, 2012, JCH Crenshaw Holdings, LLC acquired 1,000,000 shares of Series A Convertible Preferred Stock of the issuer, warrants to acquire 125,000 shares of Common Stock of the issuer at a price of $6.00 per share and warrants to acquire 200,000 shares of Common Stock of the issuer at a price of $6.00 per share pursuant to a Securities Purchase Agreement between JCH Crenshaw Holdings, LLC and the issuer dated April 13, 2012.

F2: The Series A Convertible Preferred Stock is convertible into Common Stock at any time on a one-for-one basis, and has no expiration date.