Arun Narayanan - Jan 27, 2025 Form 4 Insider Report for STEM, INC. (STEM)

Role
CEO
Signature
/s/ Saul R. Laureles, Attorney-in-Fact
Stock symbol
STEM
Transactions as of
Jan 27, 2025
Transactions value $
$0
Form type
4
Date filed
1/28/2025, 06:16 PM
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STEM Restricted Stock Unit Award $0 +225K $0.00 225K Jan 27, 2025 Common Stock, Par Value $0.0001 Per Share 225K Direct F1, F2
transaction STEM Restricted Stock Unit Award $0 +750K $0.00 750K Jan 27, 2025 Common Stock, Par Value $0.0001 Per Share 750K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
F2 The RSU award vests ratably in two equal annual installments, with the first 50% vesting on March 7, 2026, subject to the Reporting Person's continued service to the Issuer through each applicable vesting date.
F3 The RSU award vests ratably in three equal annual installments, with the first 33% vesting on March 7, 2026, subject to the Reporting Person's continued service to the Issuer through each applicable vesting date.