John Eugene Carrington - Apr 28, 2024 Form 4 Insider Report for STEM, INC. (STEM)

Role
CEO and Director, Director
Signature
/s/ Chen Zhang, attorney-in-fact
Stock symbol
STEM
Transactions as of
Apr 28, 2024
Transactions value $
$0
Form type
4
Date filed
4/30/2024, 05:21 PM
Previous filing
Mar 12, 2024
Next filing
May 7, 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 +429K +163.38% $0.00 691K Apr 28, 2024 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $0 +9.87K +1.43% $0.00 701K Apr 28, 2024 Direct

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 -429K -37.47% $0.00 715K Apr 28, 2024 Common Stock, Par Value $0.0001 Per Share 429K $0.00 Direct F1
transaction STEM Restricted Stock Unit Options Exercise $0 -9.87K -1.38% $0.00 705K Apr 28, 2024 Common Stock, Par Value $0.0001 Per Share 9.87K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 2, 2021, the reporting person was granted 1,000,000 RSUs vesting as follows: 3/7th (428,572 RSUs) vesting on April 28, 2024, and 1/7th (142,857 RSUs) vesting on each anniversary thereafter.
F2 On July 2, 2021, the reporting person was granted 39,463 RSUs vesting in four equal annual installments beginning on April 28, 2022.