AI assistant
Stabilis Solutions, Inc. — Director's Dealing 2021
Aug 26, 2021
34354_dirs_2021-08-25_f644bba5-1743-40f9-b0e5-6ea3b2745b58.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Stabilis Solutions, Inc. (SLNG)
CIK: 0001043186
Period of Report: 2021-08-23
Reporting Person: Ballard Westervelt T. JR (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-23 | Common Stock | A | 250000 | — | Acquired | 250000 | Direct |
| 2021-08-23 | Common Stock | F | 56642 | — | Disposed | 193358 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-23 | Restricted Stock Units | $ | A | 500000 | Acquired | Common Stock (500000.0) | Direct | |
| 2021-08-23 | Restricted Stock Units | $ | M | 250000 | Disposed | Common Stock (250000.0) | Direct |
Footnotes
F1: The Restricted Stock Units ("RSUs") were awarded to the reporting person pursuant to the Stabilis Solutions, Inc. 2019 Long Term Incentive Plan (the "LTIP"). Each RSU represents the right to receive upon vesting, one share of Stabilis Solutions, Inc. Common Stock.
F2: Awarded 500,000 RSUs. 250,000 vest immediately; 125,000 RSUs will vest on August 20, 2022 and 125,000 RSUs will vest on August 20, 2023
F3: Unless earlier forfeited under the terms and conditions of the award agreement, the RSUs expire immediately following vesting.
F4: 250,000 RSUs vested immediately.