Anil Tammineedi - 07 Sep 2022 Form 4 Insider Report for STEM, INC. (STEM)

Role
Director
Signature
/s/ Kathy Medford, Attorney-in-Fact
Issuer symbol
STEM
Transactions as of
07 Sep 2022
Net transactions value
-$4,773,530
Form type
4
Filing time
09 Sep 2022, 17:35:07 UTC
Previous filing
22 Aug 2022
Next filing
08 Jun 2023
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 Sale $1,552,010 -100,000 -2.2% $15.52 4,489,849 07 Sep 2022 Held by Angeleno Investors III, L.P. F1, F2
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale $1,583,700 -100,000 -2.2% $15.84 4,389,849 08 Sep 2022 Held by Angeleno Investors III, L.P. F3, F4
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale $1,637,820 -100,000 -2.3% $16.38 4,289,849 09 Sep 2022 Held by Angeleno Investors III, L.P. F5, F6
holding STEM Common Stock, Par Value $0.0001 Per Share 5,524 07 Sep 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $15.37 to $15.645. 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.
F2 4,489,849 shares held by Angeleno Investors III, L.P. Mr. Tammineedi is a Principal at Angeleno Group, an affiliate of Angeleno Investors III, L.P., and may be deemed to share voting and investment power with respect to all shares held by Angeleno Investors III, L.P.
F3 The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $15.50 to $16.24. 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.
F4 4,389,849 shares held by Angeleno Investors III, L.P. Mr. Tammineedi is a Principal at Angeleno Group, an affiliate of Angeleno Investors III, L.P., and may be deemed to share voting and investment power with respect to all shares held by Angeleno Investors III, L.P.
F5 The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $16.30 to $16.70. 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.
F6 4,289,849 shares held by Angeleno Investors III, L.P. Mr. Tammineedi is a Principal at Angeleno Group, an affiliate of Angeleno Investors III, L.P., and may be deemed to share voting and investment power with respect to all shares held by Angeleno Investors III, L.P.