Puhala Andrew Lewis 4
4 · Stabilis Solutions, Inc. · Filed Jun 28, 2023
Insider Transaction Report
Form 4
Puhala Andrew Lewis
Senior Vice President & CFO
Transactions
- Award
Stock Appreciation Rights
2023-06-26+81,826→ 81,826 totalExercise: $10.00Exp: 2026-12-31→ Common Stock (81,826 underlying)
Footnotes (1)
- [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.