Ownership Submission
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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Dauber Charles M
  2. Issuer Name and Ticker or Trading Symbol
American Electric Technologies Inc [AETI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and CEO
(Last)
(First)
(Middle)
6410 LONG DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2013
(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 02/25/2013   A   37,834 A $ 4.95 428,710 (3) D  
Common Stock 02/25/2013   F   10,009 D $ 4.95 418,701 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 25, 2013 (2) 02/25/2013   A   80,000     (2)   (2) Common Stock 80,000 (2) 80,000 D  
Restricted Stock Units Dated February 27, 2012 (1) 02/25/2013   M     14,496   (1)   (1) Common Stock 14,496 (1) 43,888 D  
Restricted Stock Units Dated February 27, 2009 (4) 02/25/2013   M     2,586   (4)   (4) Common Stock 2,586 (4) 0 D  
Restricted Stock Units Dated February 26, 2010 (5) 02/25/2013   M     10,052   (5)   (5) Common Stock 10,052 (5) 10,052 D  
Restricted Stock Units Dated February 25, 2011 (6) 02/25/2013   M     10,700   (6)   (6) Common Stock 10,700 (6) 21,400 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Dauber Charles M
6410 LONG DRIVE
HOUSTON, TX 77087
  X     President and CEO  

Signatures

 /s/ Rachel F. Acree, as attorney-in-fact for Charles M. Dauber   02/28/2013
**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) 14,496 RSUs converted to common stock, 22,016 RSU's were terminated and 43,488 RSUs will convert to common stock on a one-to-one basis in annual installments of 14,496 shares in 2014, 2015, and 2016 subject to a continuing employment requirement.
(2) Represents an incentive compensation award. Vesting of the award is subject to attainment of 2013 performance criteria. Vested restricted stock units convert into common stock on a one-to one basis upon vesting.
(3) Represents common stock issued on conversion of Restricted Stock Units (RSUs).
(4) 2,586 RSUs converted to common stock on a one-to one basis.
(5) 10,052 RSUs converted to common stock and 10,052 will convert to common stock on a one-to-one basis in annual installment of 10,052 shares in 2014 subject to continuing employment requirement.
(6) 10,700 RSUs converted to common stock and 21,400 will convert to common stock on a one-to-one basis in annual installments of 10,700 shares in 2014, 2015 subject to continuing employment requirement.

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