SEC Form 4
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*
JCH Crenshaw Holdings, LLC

(Last) (First) (Middle)
1655 LOUISIANA STREET

(Street)
BEAUMONT TX 77701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Stabilis Energy, 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)
3. Date of Earliest Transaction (Month/Day/Year)
07/26/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. 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
Common Stock 07/26/2019 C 276,548(1) A (2) 368,512(1) D
Common Stock 07/26/2019 P 12,580,808(1)(3) A (3) 12,949,320(1) I See Footnote(4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 $2.26 07/26/2019 C 1,000,000 08/01/2017 (5) Common Stock 276,548(1)(2) $5 0 D
1. Name and Address of Reporting Person*
JCH Crenshaw Holdings, LLC

(Last) (First) (Middle)
1655 LOUISIANA STREET

(Street)
BEAUMONT TX 77701

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Crenshaw J. Casey

(Last) (First) (Middle)
1655 LOUISIANA STREET

(Street)
BEAUMONT TX 77701

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. 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.
2. 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.
3. 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.
4. 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.
5. The Series A Convertible Preferred Stock was convertible into common stock at any time and had no expiration date.
JCH Crenshaw Holdings, LLC By: /s/ J. Casey Crenshaw Name: J. Casey Crenshaw Title: President 07/30/2019
/s/ J. Casey Crenshaw 07/30/2019
** 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).
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