larsh Johnson - 30 Aug 2021 Form 4 Insider Report for STEM, INC. (STEM)

Role: Chief Technology Officer
Signature: /s/ William Bush, Attorney-in-Fact
Issuer symbol: STEM
Transactions as of: 30 Aug 2021
Transactions value $: $-3,892,318
Form type: 4
Filing time: 01 Sep 2021, 18:16:44 UTC
Previous filing: 06 Jul 2021
Next filing: 17 Nov 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	Options Exercise	$183,700	+110,000	+117%	$1.67	204,060	30 Aug 2021	Direct
transaction	STEM	Common Stock, Par Value $0.0001 Per Share	Tax liability	$-1,330,418	-53,302	-26.1%	$24.96^*	150,758	30 Aug 2021	Direct	F1
holding	STEM	Common Stock, Par Value $0.0001 Per Share						56,698	30 Aug 2021	By Trust	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	Stock Option (Right to Buy)	Options Exercise	$-2,745,600	-110,000	-14.5%	$24.96^*	647,033	30 Aug 2021	Common Stock, Par Value $0.0001 Per Share	110,000	$1.67	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of stock option awards, and does not represent a sale by the reporting person.
F2	Shares held by trust for which the reporting person is a trustee.