larsh Johnson - 15 Feb 2024 Form 4 Insider Report for STEM, INC. (STEM)

Role
Chief Technology Officer
Signature
/s/ Chen Zhang, attorney-in-fact
Issuer symbol
STEM
Transactions as of
15 Feb 2024
Transactions value $
-$38,411
Form type
4
Filing time
20 Feb 2024, 16:53:17 UTC
Previous filing
03 May 2023
Next filing
05 Mar 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 +27,789 +51.97% $0 81,262 15 Feb 2024 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale -$38,410 -12,117 -14.91% $3.17 69,145 16 Feb 2024 Direct F1
holding STEM Common Stock, Par Value $0.0001 Per Share 107,456 15 Feb 2024 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 Restricted Stock Unit Options Exercise $0 -27,789 -13.47% $0 178,568 15 Feb 2024 Common Stock, Par Value $0.0001 Per Share 27,789 $0 Direct 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 automatically sold to cover the reporting person's tax liability in connection with the settlement of RSUs. This "sell to cover" transaction does not represent a discretionary trade by the reporting person.
F2 Shares held by trust for which the reporting person is a trustee.
F3 On February 15, 2023, the reporting person was granted 84,210 RSUs vesting in three annual installments (33% / 33% / 34%) beginning on February 15, 2024.