Robert Schaefer - 15 Feb 2023 Form 4 Insider Report for STEM, INC. (STEM)

Role
President, Transformational
Signature
/s/ Kathy Medford, Attorney-in-Fact
Issuer symbol
STEM
Transactions as of
15 Feb 2023
Transactions value $
$0
Form type
4
Date filed
17 Feb 2023, 19:40
Previous filing
14 Mar 2022
Next filing
03 Mar 2023
SEC
View on sec.gov

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 +65.8K +98.21% $0.00 133K 15 Feb 2023 Common Stock, Par Value $0.0001 Per Share 65.8K Direct F1, F2
transaction STEM Stock Option (Right to Buy) Award $0 +85K $0.00 85K 15 Feb 2023 Common Stock, Par Value $0.0001 Per Share 85K $10.25 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive one (1) share of common stock.
F2 The RSU award vests in three equal annual installments beginning on February 15, 2024.
F3 The option award vests in three equal annual installments beginning on February 15, 2024.