DAVID S. BUZBY - 07 Jul 2021 Form 4 Insider Report for STEM, INC. (STEM)

Role
Director
Signature
/s/ William Bush, Attorney-in-Fact
Issuer symbol
STEM
Transactions as of
07 Jul 2021
Net transactions value
-$61.34
Form type
4
Filing time
09 Jul 2021, 19:16:01 UTC
Previous filing
06 Jul 2021
Next filing
09 Mar 2022
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 $41,222 +32,978 +7.3% $1.25 486,280 07 Jul 2021 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Tax liability $41,239 -1,209 -0.25% $34.11 485,071 07 Jul 2021 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $34,495 +27,596 +5.7% $1.25 512,667 07 Jul 2021 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Tax liability $34,519 -1,012 -0.2% $34.11 511,655 07 Jul 2021 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $376,861 +166,018 +32% $2.27 677,673 07 Jul 2021 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Tax liability $376,881 -11,049 -1.6% $34.11 666,624 07 Jul 2021 Direct
holding STEM Common Stock, Par Value $0.0001 Per Share 89,684 07 Jul 2021 By the David S. Buzby Revocable Trust F1

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 Stock Option (Right to Buy) Options Exercise $0 -32,978 -13% $0.000000 217,330 07 Jul 2021 Common Stock, Par Value $0.0001 Per Share 32,978 $1.25 Direct
transaction STEM Stock Option (Right to Buy) Options Exercise $0 -27,596 -13% $0.000000 189,734 07 Jul 2021 Common Stock, Par Value $0.0001 Per Share 27,596 $1.25 Direct
transaction STEM Stock Option (Right to Buy) Options Exercise $0 -166,018 -88% $0.000000 23,716 07 Jul 2021 Common Stock, Par Value $0.0001 Per Share 166,018 $2.27 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held by the David S. Buzby Revocable Trust, of which the reporting person is sole trustee.
F2 These options vested 25% on January 1, 2019, and the remaining options vested in equal monthly installments thereafter.
F3 These options will vest in equal monthly installments through January 1, 2022.