larsh Johnson - 28 Apr 2023 Form 4 Insider Report for STEM, INC. (STEM)

Role
Chief Technology Officer
Signature
/s/ Kathy Medford, Attorney-in-Fact
Issuer symbol
STEM
Transactions as of
28 Apr 2023
Transactions value $
-$5,191
Form type
4
Filing time
03 May 2023, 09:32:37 UTC
Previous filing
03 Mar 2023
Next filing
20 Feb 2024
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 +3,453 +6.73% $0 54,733 28 Apr 2023 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale -$5,191 -1,260 -2.3% $4.12 53,473 01 May 2023 Direct F2
holding STEM Common Stock, Par Value $0.0001 Per Share 107,456 28 Apr 2023 By Trust F3

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 -3,453 -1.65% $0 206,357 28 Apr 2023 Common Stock, Par Value $0.0001 Per Share 3,453 Direct F1, F4
* 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") granted on July 2, 2021 under the Stem, Inc. 2021 Equity Incentive Plan.
F2 Represents shares of common stock sold to cover the reporting person's tax liability in connection with the settlement of RSUs.
F3 Shares held by trust for which the reporting person is a trustee.
F4 On July 2, 2021, the reporting person was granted 13,812 RSUs vesting in four equal annual installments beginning on April 28, 2022.