John Eugene Carrington - 28 Apr 2021 Form 3 Insider Report for STEM, INC. (STEM)

Role
CEO and Director
Signature
John Carrington by William Bush, Attorney-in-Fact
Issuer symbol
STEM
Transactions as of
28 Apr 2021
Net transactions value
$0
Form type
3
Filing time
28 May 2021, 15:49:06 UTC
Next filing
02 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding STEM Common Stock 208,100 28 Apr 2021 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
holding STEM Stock Option 28 Apr 2021 Common Stock 121,684 $0.9700 Direct
holding STEM Stock Option 28 Apr 2021 Common Stock 725,738 $0.9700 Direct
holding STEM Stock Option 28 Apr 2021 Common Stock 1,005,614 $1.25 Direct
holding STEM Stock Option 28 Apr 2021 Common Stock 1,165,455 $2.41 Direct F1
holding STEM Stock Option 28 Apr 2021 Common Stock 204,600 $6.81 Direct
holding STEM Stock Option 28 Apr 2021 Common Stock 782,832 $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.