<SEC-DOCUMENT>0001654954-25-001713.txt : 20250220
<SEC-HEADER>0001654954-25-001713.hdr.sgml : 20250220
<ACCEPTANCE-DATETIME>20250220182059
ACCESSION NUMBER:		0001654954-25-001713
CONFORMED SUBMISSION TYPE:	SCHEDULE 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20250220
DATE AS OF CHANGE:		20250220

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Stabilis Solutions, Inc.
		CENTRAL INDEX KEY:			0001043186
		STANDARD INDUSTRIAL CLASSIFICATION:	NATURAL GAS DISTRIBUTION [4924]
		ORGANIZATION NAME:           	01 Energy & Transportation
		IRS NUMBER:				593410234
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-58997
		FILM NUMBER:		25647777

	BUSINESS ADDRESS:	
		STREET 1:		11750 KATY FREEWAY
		STREET 2:		SUITE 900
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77079
		BUSINESS PHONE:		8324566500

	MAIL ADDRESS:	
		STREET 1:		11750 KATY FREEWAY
		STREET 2:		SUITE 900
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77079

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Stabilis Energy, Inc.
		DATE OF NAME CHANGE:	20190724

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	American Electric Technologies Inc
		DATE OF NAME CHANGE:	20070516

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN ACCESS TECHNOLOGIES INC
		DATE OF NAME CHANGE:	19971117

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Ballard Westervelt T. JR
		CENTRAL INDEX KEY:			0001541112
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		SCHEDULE 13G

	MAIL ADDRESS:	
		STREET 1:		601 POYDRAS STREET
		STREET 2:		SUITE 2400
		CITY:			NEW ORLEANS
		STATE:			LA
		ZIP:			70130
</SEC-HEADER>
<DOCUMENT>
<TYPE>SCHEDULE 13G
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:ns0="http://www.sec.gov/edgar/common">
<headerData>
<submissionType>SCHEDULE 13G</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001541112</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<coverPageHeader>
<securitiesClassTitle>Common Stock, par value $0.001 per share</securitiesClassTitle>
<eventDateRequiresFilingThisStatement>08/23/2023</eventDateRequiresFilingThisStatement>
<issuerInfo>
<issuerCik>0001043186</issuerCik>
<issuerName>Stabilis Solutions, Inc.</issuerName>
<issuerCusip>85236P101</issuerCusip>
<issuerPrincipalExecutiveOfficeAddress>
<ns0:street1>11750 Katy Freeway</ns0:street1>
<ns0:street2>Suite 900</ns0:street2>
<ns0:city>Houston</ns0:city>
<ns0:stateOrCountry>TX</ns0:stateOrCountry>
<ns0:zipCode>77079</ns0:zipCode>
</issuerPrincipalExecutiveOfficeAddress>
</issuerInfo>
<designateRulesPursuantThisScheduleFiled>
<designateRulePursuantThisScheduleFiled>Rule 13d-1(c)</designateRulePursuantThisScheduleFiled>
</designateRulesPursuantThisScheduleFiled>
</coverPageHeader>
<coverPageHeaderReportingPersonDetails>
<reportingPersonName>Westervelt T. Ballard Jr.</reportingPersonName>
<citizenshipOrOrganization>TX</citizenshipOrOrganization>
<reportingPersonBeneficiallyOwnedNumberOfShares>
<soleVotingPower>2156314</soleVotingPower>
<sharedVotingPower>0</sharedVotingPower>
<soleDispositivePower>2156314</soleDispositivePower>
<sharedDispositivePower>0</sharedDispositivePower>
</reportingPersonBeneficiallyOwnedNumberOfShares>
<reportingPersonBeneficiallyOwnedAggregateNumberOfShares>2156314</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
<aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
<classPercent>10.6</classPercent>
<typeOfReportingPerson>IN</typeOfReportingPerson>
</coverPageHeaderReportingPersonDetails>
<items>
<item1>
<issuerName>Stabilis Solutions, Inc.</issuerName>
<issuerPrincipalExecutiveOfficeAddress>11750 Katy Freeway Suite 900 Houston TX 77079</issuerPrincipalExecutiveOfficeAddress>
</item1>
<item2>
<filingPersonName>Westervelt T. Ballard, Jr.</filingPersonName>
<principalBusinessOfficeOrResidenceAddress>Same as Item 1(b).</principalBusinessOfficeOrResidenceAddress>
<citizenship>State of Texas</citizenship>
</item2>
<item3>
<notApplicableFlag>Y</notApplicableFlag>
</item3>
<item4>
<amountBeneficiallyOwned>2,156,314(1)&#13;
&#13;
(1) Reflects the following transactions and ownership as of the date of this Schedule 13G:&#13;
&#13;
a. 394,714 shares of Common Stock obtained upon the vesting of a grant of 500,000 restricted stock units ("RSUs") on August 23, 2021 as follows: (i) 250,000 RSUs vested immediately upon grant on August 23, 2021, and 56,642 shares were withheld to satisfy tax obligations, for a net issuance of 193,358 shares, (ii) 125,000 RSUs vested on August 23, 2022, and 18,206 shares were withheld to satisfy tax obligations, for a net issuance of 106,794 shares, and (iii) 125,000 RSUs vested on August 23, 2023, and 30,438 shares were withheld to satisfy tax obligations, for a net issuance of 94,562 shares.&#13;
 &#13;
b. 19,026 shares of Common Stock obtained upon the vesting of a grant of 23,293 RSUs on February 18, 2022 as follows: (i) 7,764 RSUs vested on February 18, 2023, (ii) 7,764 RSUs vested on February 19, 2024, and 1,965 shares were withheld to satisfy tax obligations, for a net issuance of 5,799 shares, and (iii) pursuant to a Release and Consulting Agreement, by and between the Reporting Person and the Issuer, effective as of February 2, 2025 (the "Release"), 7,765 RSUs vested effective upon January 31, 2025, and 2,302 shares were withheld to satisfy tax obligations, for a net issuance of 5,463 shares.&#13;
&#13;
c. 1,300,000 shares of Common Stock underlying an unexercised option granted on February 18, 2022, which vested as follows (each vesting conditional upon Mr. Ballard remaining continuously employed through the vesting date and otherwise subject to the terms and conditions of the award agreement): (i) 442,000 options vested on August 23, 2022, (ii) 429,000 options vested on August 23, 2023, and (iii) 429,000 options vested on August 23, 2024.&#13;
&#13;
d. 442,574 shares of Common Stock underlying an unexercised option granted on February 18, 2022, which vested as follows (each vesting conditional upon Mr. Ballard remaining continuously employed through the vesting date and otherwise subject to the terms and conditions of the award agreement): (i) 147,524 options vested on February 18, 2023, (ii) 147,525 options vested on February 18, 2024, and (iii) 147,525 options vested on January 31, 2025 pursuant to the Release.  </amountBeneficiallyOwned>
<classPercent>10.6(2)&#13;
&#13;
(2) The Issuer reported in its Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, that it has 18,585,014 shares of Common Stock outstanding. The ownership percentage is based upon 18,585,014 shares of Common Stock outstanding, plus 1,742,574 shares outstanding underlying options that are currently vested and exercisable, as further described in Note (1) above. </classPercent>
<numberOfSharesPersonHas>
<solePowerOrDirectToVote>2,156,314(1)</solePowerOrDirectToVote>
<sharedPowerOrDirectToVote>0</sharedPowerOrDirectToVote>
<solePowerOrDirectToDispose>2,156,314(1)</solePowerOrDirectToDispose>
<sharedPowerOrDirectToDispose>0</sharedPowerOrDirectToDispose>
</numberOfSharesPersonHas>
</item4>
<item5>
<notApplicableFlag>Y</notApplicableFlag>
</item5>
<item6>
<notApplicableFlag>Y</notApplicableFlag>
</item6>
<item7>
<notApplicableFlag>Y</notApplicableFlag>
</item7>
<item8>
<notApplicableFlag>Y</notApplicableFlag>
</item8>
<item9>
<notApplicableFlag>Y</notApplicableFlag>
</item9>
<item10>
<notApplicableFlag>N</notApplicableFlag>
<certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
</item10>
</items>
<signatureInformation>
<reportingPersonName>Westervelt T. Ballard Jr.</reportingPersonName>
<signatureDetails>
<signature>/s/ Westervelt T. Ballard, Jr</signature>
<title>Westervelt T. Ballard, Jr</title>
<date>02/20/2025</date>
</signatureDetails>
</signatureInformation>
</formData>
</edgarSubmission>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
