Prakesh Patel - Mar 1, 2022 Form 4 Insider Report for STEM, INC. (STEM)

Role
Chief Strategy Officer
Signature
/s/ William Bush, Attorney-in-Fact
Stock symbol
STEM
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/3/2022, 07:36 PM
Previous filing
Nov 12, 2021
Next filing
May 2, 2022

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 +105K +13.75% $0.00 866K Mar 1, 2022 Common Stock, Par Value $0.0001 Per Share 105K $9.33 Direct F1
transaction STEM Restricted Stock Unit Award $0 +67K +85% $0.00 146K Mar 1, 2022 Common Stock, Par Value $0.0001 Per Share 67K 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.