SEC Form 4 · accession 0001181431-15-003964
Stabilis Solutions, Inc. · SLNG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles M Dauber
Officer — President and CEO · Director
Period of report
Feb 27, 2015
Accepted (ET)
Mar 4, 2015 · 5:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001043186
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 27, 2015 | A | 25,196 | $0.00 | A | 0 | D | |
| Common StockF1 | Feb 27, 2015 | F | 7,879 | $3.87 | D | 528,137 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units Dated February 27, 2012F2 | — | Feb 27, 2015 | M | 14,496 | D | — | — | Common Stock | 14,496 | 14,496 | D |
| Restricted Stock Units Dated February 25, 2011F3 | — | Feb 27, 2015 | M | 10,700 | D | — | — | Common Stock | 10,700 | 0 | D |
Explanation of responses
- F1Shares withheld for payment of taxes upon vesting of resticted stock units. The shares were not sold.
- F214,496 of the vested restricted stock units 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-for-one basis on or about February 27, 2016 subject to continuing employment requirements.
- F310,700 of the vested restricted stock units converted to common stock on a one-to-one basis on the transaction date. There are no remaining restricted stock units to convert for this award.