MICHAEL C. MORGAN - 13 Aug 2021 Form 4 Insider Report for STEM, INC. (STEM)

Role
Director
Signature
/s/ William Bush, Attorney-in-Fact
Issuer symbol
STEM
Transactions as of
13 Aug 2021
Transactions value $
$0
Form type
4
Filing time
17 Aug 2021, 17:35:40 UTC
Previous filing
20 Jan 2022
Next filing
01 Oct 2021
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 Other $0 -9.38M -98.59% $0.00 134K 13 Aug 2021 Held by Star Peak Sponsor LLC F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Other $0 +953K +710.99% $0.00 1.09M 13 Aug 2021 Held by Portcullis Investments, LP F2, F3
transaction STEM Common Stock, Par Value $0.0001 Per Share Other $0 +532K +48.96% $0.00 1.62M 13 Aug 2021 Held by Trust F4, F5
holding STEM Common Stock, Par Value $0.0001 Per Share 50K 13 Aug 2021 Held by Portcullis Partners, LP F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Securities held directly by Star Peak Sponsor LLC (the "Sponsor"). Gives effect to the pro rata distribution from the Sponsor and its affiliates to members of the Sponsor, including the reporting person, for no additional consideration (the "Distribution"). As a result of the Distribution to such other members of Sponsor, the reporting person no longer has indirect beneficial ownership of 9,375,621 shares previously reported as held directly by Sponsor, and the reporting person beneficially owns no shares through the Sponsor except as reported herein.
F2 Shares distributed in the Distribution to Portcullis Investments, LP.
F3 The reporting person serves as Manager of the general partner, Portcullis G.P., LLC, for, and he and his spouse indirectly hold interests in, Portcullis Investments, L.P. The reporting person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F4 Shares distributed in the Distribution to trust.
F5 Held by a trust of which the reporting person is a trustee.
F6 The reporting person serves as Manager of the general partner, Portcullis G.P., LLC, for, and he and his spouse indirectly hold interests in, Portcullis Partners, L.P. The reporting person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.