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: Hawes Frances Powell (Sr. Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-02-27	Common Stock	M	1063	—	Acquired	1063	Direct
2012-02-27	Common Stock	M	266	—	Acquired	1329	Direct
2012-02-27	Common Stock	F	408	$4.62	Disposed	921	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	16000	Acquired		Common Stock (16000)	Direct
2012-02-27	Restricted Stock Units Dated February 27, 2012	$	A	4000	Acquired		Common Stock (4000)	Direct
2012-02-27	Restricted Stock Units Dated September 26, 2011	$	D	266	Disposed		Common Stock (266)	Direct
2012-02-27	Restricted Stock Units Dated September 26, 2011	$	D	1063	Disposed		Common Stock (1063)	Direct

Footnotes

F1: 4,252 stock units granted in 2011 vested on the transaction date based on achievement of 2011 performance criteria and 0 restricted stock units were cancelled. 1,063 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 continuing employment requirements.

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 installments from the transaction date, subject to a continuing employment requirement.

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

F4: 266 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 February 27, 2013, 2014, and 2015, subject to a continuing employment requirement.