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
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

JCH Crenshaw Holdings, LLC
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                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

470 ORLEANS ST., 7TH FLOOR
3. Date of Earliest Transaction (MM/DD/YYYY)

3/31/2017
(Street)

BEAUMONT, TX 77701
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   3/31/2017     J (1)    149422   A $0   184422   D    
Common Stock   7/18/2017     J (2)    48994   A $0   233416   D    
Common Stock   10/6/2017     J (3)    48387   A $0   281803   D    
Common Stock   2/1/2018     J (4)    50799   A $0   332608   D    
Common Stock   4/30/2018     J (5)    71702   A $0   404304   D    
Common Stock   6/29/2018     J (6)    59524   A $0   463828   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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
Series A Convertible Preferred Stock   $5.00   8/1/2017     D   (7)       1000000    5/2/2012     (10) Common Stock   1000000   (11) $5   0   D    
Series A Convertible Preferred Stock   $2.26   8/1/2017     A   (7)    1000000       8/1/2017     (10) Common Stock   2212389   (12) $5   1000000   D    
Warrants (Right to Buy)   $6.00   8/1/2017     D   (8)       125000    5/2/2012   5/2/2020   Common Stock   125000   $0.001   0   D    
Warrants (Right to Buy)   $2.72   8/1/2017     A   (8)    125000       8/1/2017   5/2/2020   Common Stock   125000   $0.001   125000   D    
Warrants (Right to Buy)   $7.00   8/1/2017     D   (9)       200000    5/2/2012   5/2/2020   Common Stock   200000   $0.001   0   D    
Warrants (Right to Buy)   $3.17   8/1/2017     A   (9)    200000       8/1/2017   5/2/2020   Common Stock   200000   $0.001   200000   D    

Explanation of Responses:
(1)  American Electric Technologies, Inc. ("AETI") declared a common stock dividend attributable to quarters ended September 30, 2016, December 31, 2016, and March 31, 2017, payable to all holders of record of Series A Convertible Preferred Stock, par value $0.001 per share ("Series A Convertible Preferred Stock"), on the dividend record date. As the sole holder of AETI's Series A Convertible Preferred Stock, the reporting person received 149,422 shares of common stock as of March 31, 2017.
(2)  AETI declared a common stock dividend attributable to quarter ended June 30, 2017, payable to all holders of record of Series A Convertible Preferred Stock on the dividend record date. As the sole holder of AETI's Series A Convertible Preferred Stock, the reporting person received 48,994 shares of common stock as of July 18, 2017.
(3)  AETI declared a common stock dividend attributable to quarter ended September 30, 2017, payable to all holders of record of Series A Convertible Preferred Stock on the dividend record date. As the sole holder of AETI's Series A Convertible Preferred Stock, the reporting person received 48,387 shares of common stock as of October 6, 2017.
(4)  AETI declared a common stock dividend attributable to quarter ended December 31, 2017 payable to all holders of record of Series A Convertible Preferred Stock on the dividend record date. As the sole holder of AETI's Series A Convertible Preferred Stock, the reporting person received 50,799 shares of common stock as of February 1, 2018.
(5)  AETI declared a common stock dividend attributable to quarter ended March 31, 2018, payable to all holders of record of Series A Convertible Preferred Stock on the dividend record date. As the sole holder of AETI's Series A Convertible Preferred Stock, the reporting person received 71,702 shares of common stock as of April 30, 2018.
(6)  AETI declared a common stock dividend attributable to quarter ended June 30, 2018, payable to all holders of record of Series A Convertible Preferred Stock on the dividend record date. As the sole holder of AETI's Series A Convertible Preferred Stock, the reporting person received 59,524 shares of common stock as of June 29, 2018.
(7)  The Series A Convertible Preferred Stock was repriced pursuant to that certain Agreement, dated as of August 1, 2017, by and between AETI and the reporting person (the "Repricing Agreement") to decrease the exercise price from $5.00 per share to $2.26 per share.
(8)  The Series A Warrants were repriced pursuant to the Repricing Agreement to decrease the exercise price from $6.00 per share to $2.72 per share.
(9)  The Series B Warrants were repriced pursuant to the Repricing Agreement to decrease the exercise price from $7.00 per share to $3.17 per share.
(10)  The Series A Convertible Preferred Stock is convertible into common stock at any time and has no expiration date.
(11)  The Series A Convertible Preferred Stock was convertible into common stock on a one-for-one basis prior to the Repricing Agreement.
(12)  For each share of Series A Convertible Preferred Stock converted, the reporting person would receive a number of shares of common stock equal to the quotient of $5.00 divided by $2.26.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
JCH Crenshaw Holdings, LLC
470 ORLEANS ST., 7TH FLOOR
BEAUMONT, TX 77701
X X

Crenshaw J. Casey
470 ORLEANS ST., 7TH FLOOR
BEAUMONT, TX 77701
X X


Signatures
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 7/13/2018
** Signature of Reporting Person Date

/s/ J. Casey Crenshaw 7/13/2018
** 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.
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