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Filing Details

Accession Number:: 0001104659-19-042711
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-07-30 21:34:59
Reporting Period:: 2019-07-26

Accepted Time:: 2019-07-30 21:34:59
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1043186	Stabilis Energy Inc.	SLNG	Electrical Industrial Apparatus (3620)	593410234

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1545380	Jch Crenshaw Holdings, Llc	1655 Louisiana Street Beaumont TX 77701		Yes	No	Yes	No
1545384	Casey J. Crenshaw	1655 Louisiana Street Beaumont TX 77701		Yes	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2019-07-26	276,548	$0.00	368,512	No	4	C	Direct
Common Stock	Acquisiton	2019-07-26	12,580,808	$0.00	12,949,320	No	4	P	Indirect	See Footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	C	Direct
No	4	P	Indirect	See Footnote

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Series A Convertible Preferred Stock	Disposition	2019-07-26	1,000,000	$5.00	276,548	$2.26

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2017-08-01		No	4	C	Direct

Footnotes

On July 29, 2019, the issuer effected a 1-for-8 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
For each share of Series A Convertible Preferred Stock converted, JCH Crenshaw Holdings, LLC ("JCH") received a number of shares of common stock equal to the quotient of $5.00 divided by $2.26.
In connection with a change in control transaction, LNG Investment Company, LLC ("Holdings") received 100,646,468 shares of common stock of the issuer (12,580,808 shares after giving effect to the Reverse Stock Split). As sole manager of Holdings, J. Casey Crenshaw has sole voting and investment power over such shares. Mr. Crenshaw disclaims any beneficial ownership of the shares owned by Holdings in excess of his pecuniary interest in such shares.
J. Casey Crenshaw is the sole manager of Holdings and the sole managing member of JCH. 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.
The Series A Convertible Preferred Stock was convertible into common stock at any time and had no expiration date.