Saul R. Laureles - Jul 2, 2021 Form 4/A - Amendment Insider Report for STEM, INC. (STEM)

Role
Chief Legal Officer
Signature
/s/ Saul R. Laureles
Stock symbol
STEM
Transactions as of
Jul 2, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
3/3/2022, 07:32 PM
Date Of Original Report
Jul 6, 2021
Previous filing
Jun 2, 2021
Next filing
Mar 3, 2022

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 Award $0 +18.7K $0.00 18.7K Jul 2, 2021 Direct F1
transaction STEM Common Stock, Par Value $0.0001 Per Share Tax liability $0 -4.62K -24.65% $0.00 14.1K Jul 2, 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
transaction STEM Restricted Stock Unit Award $0 +18.7K $0.00 18.7K Jul 2, 2021 Common Stock, Par Value $0.0001 Per Share 18.7K Direct F2, F3
transaction STEM Restricted Stock Unit Award $0 +13.8K +73.68% $0.00 32.6K Jul 2, 2021 Common Stock, Par Value $0.0001 Per Share 13.8K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to Stem, Inc. 2021 Equity Incentive Plan.
F2 Each restricted stock unit ("RSU") represents the contingent right to receive one (1) share of common stock, par value $0.0001 per share.
F3 The RSU award vests 100% on April 28, 2022.
F4 The RSU award vests ratably over four years beginning April 28, 2021.

Remarks:

This amendment is being filed due to an administrative error in tax withholding calculations. Table I is restated in order to reflect the correct number of shares of common stock withheld for taxes.