Matthew Tappin - Mar 6, 2025 Form 4 Insider Report for STEM, INC. (STEM)

Role
President, Software Division
Signature
/s/ Saul R. Laureles, attorney-in-fact
Stock symbol
STEM
Transactions as of
Mar 6, 2025
Transactions value $
-$7,646
Form type
4
Date filed
3/17/2025, 04:30 PM
Previous filing
Feb 21, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $0 +13.4K +40.82% $0.00 46.2K Mar 6, 2025 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale -$2.37K -5.65K -12.21% $0.42 40.6K Mar 7, 2025 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $0 +29.2K +71.89% $0.00 69.7K Mar 11, 2025 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale -$5.28K -13.1K -18.74% $0.40 56.7K Mar 12, 2025 Direct F1

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 Options Exercise $0 -13.4K -3.03% $0.00 429K Mar 6, 2025 Common Stock, Par Value $0.0001 Per Share 13.4K $0.00 Direct F2
transaction STEM Restricted Stock Unit Options Exercise $0 -29.2K -6.8% $0.00 400K Mar 11, 2025 Common Stock, Par Value $0.0001 Per Share 29.2K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of common stock automatically sold to cover the reporting person's tax liability in connection with the settlement of RSUs. This "sell to cover" transaction does not represent a discretionary trade by the reporting person.
F2 On March 1, 2022, the reporting person was granted 53,590 RSUs vesting in four annual installments beginning March 2023.
F3 On May 28, 2024, the reporting person was granted 87,500 RSUs vesting in three annual installments beginning March 2025.