John Eugene Carrington - 25 Aug 2021 Form 4 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
25 Aug 2021
Net transactions value
-$26,808,243
Form type
4
Filing time
27 Aug 2021, 18:18:34 UTC
Previous filing
06 Jul 2021
Next filing
17 Nov 2021
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 $114,753 +118,302 +57% $0.9700* 326,402 25 Aug 2021 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Tax liability $1,427,787 -57,410 -18% $24.87 268,992 25 Aug 2021 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $503,967 +519,554 +193% $0.9700* 788,546 25 Aug 2021 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Tax liability $6,660,509 -267,813 -34% $24.87 520,733 25 Aug 2021 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $118,750 +95,000 +18% $1.25* 615,733 25 Aug 2021 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Tax liability $1,231,289 -49,509 -8% $24.87 566,224 25 Aug 2021 Direct 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 $2,942,171 -118,302 -2.9% $24.87 3,986,279 25 Aug 2021 Common Stock, Par Value $0.0001 Per Share 118,302 $0.9700 Direct
transaction STEM Stock Option (Right to Buy) Options Exercise $12,921,308 -519,554 -13% $24.87 3,466,725 25 Aug 2021 Common Stock, Par Value $0.0001 Per Share 519,554 $0.9700 Direct
transaction STEM Stock Option (Right to Buy) Options Exercise $2,362,650 -95,000 -2.7% $24.87 3,371,725 25 Aug 2021 Common Stock, Par Value $0.0001 Per Share 95,000 $1.25 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of stock option awards, and does not represent a sale by the reporting person.