MICHAEL C. MORGAN - 07 Jun 2024 Form 4 Insider Report for STEM, INC. (STEM)

Role
Director
Signature
/s/ Chen Zhang, attorney-in-fact
Issuer symbol
STEM
Transactions as of
07 Jun 2024
Transactions value $
$0
Form type
4
Filing time
10 Jun 2024, 16:14:15 UTC
Previous filing
30 May 2024
Next filing
09 Oct 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 +23.5K +114.59% $0.00 44K 07 Jun 2024 Direct
holding STEM Common Stock, Par Value $0.0001 Per Share 1.18M 07 Jun 2024 Held by Portcullis Investments, LP F1
holding STEM Common Stock, Par Value $0.0001 Per Share 50K 07 Jun 2024 Held by Portcullis Partners, LP F2
holding STEM Common Stock, Par Value $0.0001 Per Share 548K 07 Jun 2024 By Trust F3
holding STEM Common Stock, Par Value $0.0001 Per Share 37.5K 07 Jun 2024 By Trust F4
holding STEM Common Stock, Par Value $0.0001 Per Share 37.5K 07 Jun 2024 By Trust F5

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 -23.5K -17.57% $0.00 110K 07 Jun 2024 Common Stock, Par Value $0.0001 Per Share 23.5K $0.00 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person serves as Manager of the general partner, Portcullis G.P., LLC, for, and he and his spouse indirectly hold interests in, Portcullis Investments, L.P. The reporting person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F2 The reporting person serves as Manager of the general partner, Portcullis G.P., LLC, for, and he and his spouse indirectly hold interests in, Portcullis Partners, L.P. The reporting person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
F3 Held by a trust of which the reporting person is a trustee.
F4 Held by a family trust (C GST) of which the reporting person is an investment adviser.
F5 Held by a family trust (M GST) of which the reporting person is an investment adviser.
F6 On June 7, 2023, the reporting person was granted 23,489 RSUs vesting 100% on June 7, 2024.