Saul R. Laureles - 01 Mar 2022 Form 4 Insider Report for STEM, INC. (STEM)

Role
Chief Legal Officer
Signature
/s/ Saul R. Laureles
Issuer symbol
STEM
Transactions as of
01 Mar 2022
Net transactions value
$0
Form type
4
Filing time
03 Mar 2022, 19:33:12 UTC
Previous filing
03 Mar 2022
Next filing
02 May 2022
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 Stock Option (Right to Buy) Award $0 +113,042 +286% $0.000000 152,505 01 Mar 2022 Common Stock, Par Value $0.0001 Per Share 113,042 $9.33 Direct F1
transaction STEM Restricted Stock Unit Award $0 +72,347 +222% $0.000000 104,904 01 Mar 2022 Common Stock, Par Value $0.0001 Per Share 72,347 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vests in four equal annual installments beginning March 1, 2022.
F2 Each restricted stock unit ("RSU") award represents the contingent right to receive one (1) share of common stock.
F3 The RSU award vests ratably over four years beginning March 1, 2022.