SEC Form 4 · accession 0001181431-15-004844
Stabilis Solutions, Inc. · SLNG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
William Charles Miller
Officer — Chief Operating Officer
Period of report
Mar 13, 2015
Accepted (ET)
Mar 18, 2015 · 6:08 pm EDT
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 StockF1 | Mar 13, 2015 | M | 820 | — | A | 5,000 | D | |
| Common StockF2 | Mar 13, 2015 | F | 268 | $3.44 | D | 5,552 | 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 September 1, 2014F1 | — | Mar 13, 2015 | M | 820 | D | — | — | Common Stock | 820 | 2,459 | D |
Explanation of responses
- F13,279 stock units granted in 2014 vested on the transaction date based on achievement of 2014 performance criteria and 2,146 vested resticted stock units were cancelled. 820 of the vested restricted stock units converted to common stock on a one-to-one basis on transaction date. One third of the the remaining resticted stock units convert to common stock on a one-to-one basis annually on March 13, 2016, 2017, and 2018 subject to continuing employment requirements.
- F2Shares withheld for payment of taxes upon vesting of resticted stock units. The shares were not sold.