Mark William Triplett - Apr 28, 2021 Form 3 Insider Report for STEM, INC. (STEM)

Role
Chief Operating Officer
Signature
Mark Triplett by William Bush, Attorney-in-Fact
Stock symbol
STEM
Transactions as of
Apr 28, 2021
Transactions value $
$0
Form type
3
Date filed
5/28/2021, 01:11 PM
Next filing
Jul 6, 2021

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
holding STEM Stock Option Apr 28, 2021 Common Stock 684K $2.27 Direct F1
holding STEM Stock Option Apr 28, 2021 Common Stock 39.8K $6.81 Direct
holding STEM Stock Option Apr 28, 2021 Common Stock 4.2K $6.81 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of the shares underlying the option vest on the first anniversary date, and the remaining shares underlying the option vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.
F2 25% of the shares underlying the option vest ratably over a four-year period, subject to the Reporting Person's continuous employment with the Issuer on each such date.