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Stabilis Solutions, Inc. — Director's Dealing 2023
Jun 28, 2023
34354_dirs_2023-06-28_5b739588-ef4a-429f-aa97-2ddc0d295ef2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Stabilis Solutions, Inc. (SLNG)
CIK: 0001043186
Period of Report: 2023-06-26
Reporting Person: Puhala Andrew Lewis (Chief Financial Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-06-26 | Stock Appreciation Rights | $10.0 | A | 81826 | Acquired | 2026-12-31 | Common Stock (81826.0) | Direct |
Footnotes
F1: The Stock Appreciation Rights ("SARs") were awarded to the reporting person pursuant to the Stabilis Solutions, Inc. Amended and Restated 2019 Long Term Incentive Plan (the "LTIP"). Each SAR represents the right to receive upon vesting, one share of Stabilis Solutions, Inc. Common Stock, or, at the option of Stabilis Solutions, Inc., cash or any combination of stock and cash thereof. 100% of SARs vest when the closing price of Stabilis Solutions, Inc. common stock averages $10 over any 10 consecutive trading days, prior to January 1, 2025, subject to the terms and conditions of the award agreement.