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Stabilis Solutions, Inc. — Director's Dealing 2024
Feb 21, 2024
34354_dirs_2024-02-20_5e24deab-91a2-4fab-a3f0-4465ffdfbb94.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: 2024-02-19
Reporting Person: Ballard Westervelt T. JR (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-19 | Common Stock | M | 7764 | — | Acquired | 410242 | Direct |
| 2024-02-19 | Common Stock | F | 1965 | — | Disposed | 408277 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-19 | Restricted Stock Units | $ | M | 7764 | Disposed | Common Stock (7764) | Direct |
Footnotes
F1: The Restricted Stock Units ("RSUs") were awarded to the reporting person pursuant to the Amended and Restated Stabilis Solutions, Inc. 2019 Long Term Incentive Plan (the "Plan"). Each RSU represents the right to receive upon vesting, one share of Stabilis Solutions, Inc. Common Stock. This transaction represents the settlement of RSUs in shares of Common Stock.
F2: Value of shares based on the closing price of the stock on the vesting date, $4.455. Shares withheld by issuer to satisfy tax withholding on vesting of RSU.
F3: The RSUs were awarded to the reporting person pursuant to the LTIP and vest ratably in three annual installments beginning one year from the grant date, subject to the terms and conditions of the award agreement.
F4: Unless earlier forfeited under the terms and conditions of the award agreement, the RSUs expire immediately following vesting. The RSUs were settled for shares of Common Stock.