John Eugene Carrington - 02 Jul 2021 Form 4 Insider Report for STEM, INC. (STEM)

Role
CEO and Director
Signature
/s/ William Bush, Attorney-in-Fact
Issuer symbol
STEM
Transactions as of
02 Jul 2021
Net transactions value
$0
Form type
4
Filing time
06 Jul 2021, 19:45:26 UTC
Previous filing
02 Jun 2021
Next filing
27 Aug 2021
SEC
View on sec.gov

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 +1,000,000 $0.000000 1,000,000 02 Jul 2021 Common Stock, Par Value $0.0001 Per Share 1,000,000 Direct F1, F2
transaction STEM Restricted Stock Unit Award $0 +39,463 +3.9% $0.000000 1,039,463 02 Jul 2021 Common Stock, Par Value $0.0001 Per Share 39,463 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") award represents the contingent right to receive one (1) share of common stock.
F2 The RSU award vests 43% on April 28, 2024. Thereafter, the remainder of the RSU award vests ratably over four years.
F3 The RSU award vests ratably over four years beginning April 28, 2021.