Stabilis Solutions, Inc. — Director's Dealing 2012

Mar 1, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: American Electric Technologies Inc (AETI)
CIK: 0001043186
Period of Report: 2012-02-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-27	Common Stock	M	1800	—	Acquired	381976	Direct
2012-02-27	Common Stock	M	8900	—	Acquired	390876	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-02-27	Restricted Stock Units Dated February 27, 2012	$	A	64000	Acquired		Common Stock (64000)	Direct
2012-02-27	Restricted Stock Units Dated February 27, 2012	$	A	16000	Acquired		Common Stock (16000)	Direct
2012-02-27	Restricted Stock Units Dated February 25, 2011	$	D	8900	Disposed		Common Stock (8900)	Direct
2012-02-27	Restricted Stock Units Dated February 25, 2011	$	D	1800	Disposed		Common Stock (1800)	Direct
2012-02-27	Restricted Stock Units Dated 25, 2011	$	J	7200	Disposed		Common Stock (7200)	Direct

Footnotes

F1: 7200 restricted stock units granted in 2011 vested on the transaction date based on achievement of 2011 performance criteria and 7200 restricted stock units were cancelled under transaction Code J. 1800 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 27, 2013, 2014 and 2015, 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 2011 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 2013, 2014 and 2015, subject to a continuing employment requirement.