Rahul Shukla - 10 Oct 2024 Form 4 Insider Report for STEM, INC. (STEM)

Role
Chief Accounting Officer
Signature
/s/ Saul R. Laureles, attorney-in-fact
Issuer symbol
STEM
Transactions as of
10 Oct 2024
Net transactions value
-$23,238
Form type
4
Filing time
06 May 2025, 21:27:27 UTC
Previous filing
28 May 2024
Next filing
02 Jul 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Shukla Rahul Chief Accounting Officer 4 EMBARCADERO CENTER, SUITE 710, SAN FRANCISCO /s/ Saul R. Laureles, attorney-in-fact 06 May 2025 0001900919

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 +8,000 $0.000000 8,000 22 Jan 2025 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale $2,297 -3,534 -44% $0.6500 4,466 23 Jan 2025 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $0 +19,951 +447% $0.000000 24,417 24 Feb 2025 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale $4,633 -9,048 -37% $0.5120 15,369 25 Feb 2025 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $0 +16,667 +108% $0.000000 32,036 11 Mar 2025 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale $3,017 -7,469 -23% $0.4040 24,567 12 Mar 2025 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale $13,291 -24,567 -100% $0.5410 0 02 May 2025 Direct 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 Award $0 +115,000 +108% $0.000000 221,508 10 Oct 2024 Common Stock, Par Value $0.0001 Per Share 115,000 $0.000000 Direct F3
transaction STEM Restricted Stock Unit Options Exercise $0 -8,000 -3.6% $0.000000 213,508 22 Jan 2025 Common Stock, Par Value $0.0001 Per Share 8,000 $0.000000 Direct F4
transaction STEM Restricted Stock Unit Options Exercise $0 -19,951 -9.3% $0.000000 193,557 24 Feb 2025 Common Stock, Par Value $0.0001 Per Share 19,951 $0.000000 Direct F5
transaction STEM Restricted Stock Unit Options Exercise $0 -16,667 -8.6% $0.000000 176,890 11 Mar 2025 Common Stock, Par Value $0.0001 Per Share 16,667 $0.000000 Direct F6
* 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 The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $0.540 to $0.543. The reporting person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 On October 10, 2024, the reporting person was granted 115,000 RSUs vesting in October 2025.
F4 On February 9, 2022, the reporting person was granted 32,000 RSUs vesting in four annual installments beginning January 2023.
F5 On February 23, 2023, the reporting person was granted 60,459 RSUs vesting in three annual installments beginning February 2024.
F6 On May 28, 2024, the reporting person was granted 50,000 RSUs vesting in three annual installments beginning March 2025.