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: Adams Timothy C (Vice President & President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-27	Common Stock	M	1200	—	Acquired	9387	Direct
2012-02-27	Common Stock	M	600	—	Acquired	9987	Direct
2012-02-27	Common Stock	F	606	$4.62	Disposed	9381	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	9600	Acquired		Common Stock (9600)	Direct
2012-02-27	Restricted Stock Units Dated February 27, 2012	$	A	2400	Acquired		Common Stock (2400)	Direct
2012-02-27	Restricted Stock Units Dated February 25, 2011	$	D	600	Disposed		Common Stock (600)	Direct
2012-02-27	Restricted Stock Units Dated February 25, 2011	$	D	1200	Disposed		Common Stock (1200)	Direct
2012-02-27	Restricted Stock Units Dated February 25, 2011	$	J	4800	Disposed		Common Stock (4800)	Direct

Footnotes

F1: 4800 restricted stock units granted in 2011 vested on the transaction date based on achievement of 2011 performance criteria and 4800 restricted stock units were cancelled under transaction Code J. 1200 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 2012 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: 600 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.