Rahul Shukla - Oct 10, 2024 Form 4 Insider Report for STEM, INC. (STEM)

Role
Chief Accounting Officer
Signature
/s/ Saul R. Laureles, attorney-in-fact
Stock symbol
STEM
Transactions as of
Oct 10, 2024
Transactions value $
-$23,238
Form type
4
Date filed
5/6/2025, 09:27 PM
Previous filing
May 28, 2024
Next filing
Jul 2, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shukla Rahul Chief Accounting Officer 4 EMBARCADERO CENTER, SUITE 710, SAN FRANCISCO /s/ Saul R. Laureles, attorney-in-fact 2025-05-06 0001900919

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 +8K $0.00 8K Jan 22, 2025 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale -$2.3K -3.53K -44.18% $0.65 4.47K Jan 23, 2025 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $0 +20K +446.73% $0.00 24.4K Feb 24, 2025 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale -$4.63K -9.05K -37.06% $0.51 15.4K Feb 25, 2025 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $0 +16.7K +108.45% $0.00 32K Mar 11, 2025 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale -$3.02K -7.47K -23.31% $0.40 24.6K Mar 12, 2025 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale -$13.3K -24.6K -100% $0.54 0 May 2, 2025 Direct F2

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 +115K +107.97% $0.00 222K Oct 10, 2024 Common Stock, Par Value $0.0001 Per Share 115K $0.00 Direct F3
transaction STEM Restricted Stock Unit Options Exercise $0 -8K -3.61% $0.00 214K Jan 22, 2025 Common Stock, Par Value $0.0001 Per Share 8K $0.00 Direct F4
transaction STEM Restricted Stock Unit Options Exercise $0 -20K -9.34% $0.00 194K Feb 24, 2025 Common Stock, Par Value $0.0001 Per Share 20K $0.00 Direct F5
transaction STEM Restricted Stock Unit Options Exercise $0 -16.7K -8.61% $0.00 177K Mar 11, 2025 Common Stock, Par Value $0.0001 Per Share 16.7K $0.00 Direct F6
* 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 The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $0.540 to $0.543. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 On October 10, 2024, the reporting person was granted 115,000 RSUs vesting in October 2025.
F4 On February 9, 2022, the reporting person was granted 32,000 RSUs vesting in four annual installments beginning January 2023.
F5 On February 23, 2023, the reporting person was granted 60,459 RSUs vesting in three annual installments beginning February 2024.
F6 On May 28, 2024, the reporting person was granted 50,000 RSUs vesting in three annual installments beginning March 2025.