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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person * Hawes Frances Powell   2. Issuer Name and Ticker or Trading Symbol American Electric Technologies Inc [AETI] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Sr. Vice President & CFO (Last) (First) (Middle) 6410 LONG DRIVE 3. Date of Earliest Transaction (Month/Day/Year) 02/27/2012 (Street) HOUSTON, TX 77087 4. If Amendment, Date Original Filed(Month/Day/Year) 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) 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 02/27/2012   M   1,063 A (1) 1,063 D   Common Stock 02/27/2012   M   266 A (4) 1,329 D   Common Stock 02/27/2012   F   408 D $ 4.62 921 D

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 Underlying Securities (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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units Dated February 27, 2012	(2)	02/27/2012		A		16,000		(2)	(2)	Common Stock	16,000	(2)	16,000	D
Restricted Stock Units Dated February 27, 2012	(3)	02/27/2012		A		4,000		(3)	(3)	Common Stock	4,000	(3)	4,000	D
Restricted Stock Units Dated September 26, 2011	(4)	02/27/2012		D			266	(4)	(4)	Common Stock	266	(4)	797	D
Restricted Stock Units Dated September 26, 2011	(1)	02/27/2012		D			1,063	(1)	(1)	Common Stock	1,063	(1)	3,189	D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
Hawes Frances Powell 6410 LONG DRIVE HOUSTON, TX 77087			Sr. Vice President & CFO

Signatures

/s/ Charles M Dauber, as attorney-in-fact for Frances P Hawes		02/29/2012
**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	4,252 stock units granted in 2011 vested on the transaction date based on achievement of 2011 performance criteria and 0 restricted stock units were cancelled. 1,063 of the vested restricted stock units converted to common stock on a one-for-one basis on the transaction date. One-third of the remaining restricted stock units convert to common stock on a one-to-one basis annually on February 27 2013 2014 and 2015 subject to continuing employment requirements.
(2)	Represents an incentive compensation award. Vesting of the award is subject to attainment of 2012 performance criteria. Vested restricted stock units convert into common stock on a one-to-one basis in four equal installments from the transaction date, subject to a continuing employment requirement.
(3)	Represents an incentive compensation award. Converts to common stock on a one-to-one basis in four equal installments from the transaction date, subject to a continuing employment requirement.
(4)	266 restricted stock units granted in 2011 converted to common stock on a one-for-one basis on the transaction date. The remaining restricted stock units convert to common stock on a one-to-one basis in equal installments on February 27, 2013, 2014, and 2015, subject to a continuing employment requirement.

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