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SLNG Stabilis Solutions Inc

4.15
0.03 (0.73%)
After Hours
Last Updated: 21:54:26
Delayed by 15 minutes
Share Name Share Symbol Market Type
Stabilis Solutions Inc NASDAQ:SLNG NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.03 0.73% 4.15 4.11 4.18 4.15 4.08 4.08 472 21:54:26

Statement of Changes in Beneficial Ownership (4)

14/05/2021 11:43pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

JCH Crenshaw Holdings, LLC
2. Issuer Name and Ticker or Trading Symbol

Stabilis Solutions, Inc. [ SLNG ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

1655 LOUISIANA STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

5/12/2021
(Street)

BEAUMONT, TX 77701
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 5/12/2021  P(1)  1528 A$7.9714 (2)71399 D  
Common Stock 5/13/2021  P(1)  200 A$7.74 71599 D  
Common Stock 5/14/2021  P(1)  1528 A$7.8935 (3)73127 D  
Common Stock         12949319 I See footnote (4)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares

Explanation of Responses:
(1) The purchases by J. Casey Crenshaw reported in this Form 4 were effected pursuant to a Rule 10b5-1/10b-18 Purchase Plan adopted by Mr. Crenshaw on March 22, 2021.
(2) Represents a weighted average purchase price for the shares of common stock - the high price was $8.00 and the low price was $7.55. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
(3) Represents a weighted average purchase price for the shares of common stock - the high price was $7.90 and the low price was $7.88. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
(4) Includes 368,511 shares of common stock held by JCH Crenshaw Holdings, LLC ("JCH") and 12,580,808 shares of common stock held by LNG Investment Company, LLC ("Holdings"). Mr. Crenshaw is the sole managing member of JCH and is the sole manager of Holdings. As a result, Mr. Crenshaw may be deemed to share the power to vote and to dispose of the shares of common stock held by those entities, thus he may also be deemed to be the beneficial owner of these shares of common stock. Mr. Crenshaw disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Crenshaw is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
JCH Crenshaw Holdings, LLC
1655 LOUISIANA STREET
BEAUMONT, TX 77701
XX

Crenshaw J. Casey
1655 LOUISIANA STREET
BEAUMONT, TX 77701
XX


Signatures
JCH Crenshaw Holdings, LLC By: /s/ J. Casey Crenshaw Name: J. Casey Crenshaw Title: President5/14/2021
**Signature of Reporting PersonDate

/s/ J. Casey Crenshaw5/14/2021
**Signature of Reporting PersonDate

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