| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
American Electric Technologies Inc [ AETI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 05/02/2012 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) 05/03/2012 |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction 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 | ||||||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. 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: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Series A Convertible Preferred Stock(1) | $5 | 05/02/2012 | P | 1,000,000 | (2) | (2) | Common Stock | 1,000,000 | $5 | 1,000,000 | D | ||||
| Warrants (Right to Buy)(1) | $6 | 05/02/2012 | P | 125,000 | 05/02/2012 | 05/02/2020 | Common Stock | 125,000 | $0.001 | 125,000 | D | ||||
| Warrants (Right to Buy)(1) | $7 | 05/02/2012 | P | 200,000 | 05/02/2012 | 05/02/2020 | Common Stock | 200,000 | $0.001 | 200,000 | D | ||||
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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| Explanation of Responses: |
| 1. On May 2, 2012, JCH Crenshaw Holdings, LLC acquired 1,000,000 shares of Series A Convertible Preferred Stock of the issuer, warrants to acquire 125,000 shares of Common Stock of the issuer at a price of $6.00 per share and warrants to acquire 200,000 shares of Common Stock of the issuer at a price of $7.00 per share pursuant to a Securities Purchase Agreement between JCH Crenshaw Holdings, LLC and the issuer dated April 13, 2012. |
| 2. The Series A Convertible Preferred Stock is convertible into Common Stock at any time on a one-for-one basis, and has no expiration date. |
| Remarks: |
| This Form 4/A is being filed to correct errors by the scrivener in the original Form 4 (the "Original Form 4") filed on May 3, 2012. This Form 4/A is being filed by both reporting persons to reflect their relationship to the issuer as a 10% owner and director. In addition, this Form 4/A corrects (i) the number of shares of underlying securities in column 7 with respect to the Series A Convertible Preferred Stock from 200,000 to 1,000,000; (ii) the price of both Warrants in column 8 from $1 to $0.001; and (iii) the exercise price of the Warrants for the 200,000 shares of Common Stock in footnote (1) from $6.00 to $7.00. No other changes have been made to the Original Form 4. |
| After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. JCH Crenshaw Holdings, LLC By: /s/ J. Casey Crenshaw Name: J. Casey Crenshaw Title: President | 07/13/2018 | |
| /s/ J. Casey Crenshaw | 07/13/2018 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||