Saul R. Laureles - Apr 28, 2022 Form 4 Insider Report for STEM, INC. (STEM)

Role
Chief Legal Officer
Signature
/s/ Kathy Medford, Attorney-in-Fact
Stock symbol
STEM
Transactions as of
Apr 28, 2022
Transactions value $
-$3,453
Form type
4
Date filed
5/2/2022, 05:30 PM
Previous filing
Mar 3, 2022
Next filing
May 12, 2022
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 +18.7K +132.71% $0.00 32.9K Apr 28, 2022 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $0 +3.45K +10.51% $0.00 36.3K Apr 28, 2022 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 -18.7K -17.87% $0.00 86.2K Apr 28, 2022 Common Stock, Par Value $0.0001 Per Share 18.7K Direct F1, F2
transaction STEM Restricted Stock Unit Options Exercise -$3.45K 82.7K Apr 28, 2022 Common Stock, Par Value $0.0001 Per Share 0 Direct F1, 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 issued to the reporting person upon vesting of restricted stock units ("RSUs") issued on July 2, 2021 under the Stem, Inc. 2021 Equity Incentive Plan.
F2 On July 2, 2021, the reporting person was granted 18,745 RSUs that vested 100% on April 28, 2022.
F3 On July 2, 2021, the reporting person was granted 13,812 RSUs vesting in equal annual installments over four years beginning April 28, 2021.