Robert Schaefer - Mar 1, 2022 Form 4 Insider Report for STEM, INC. (STEM)

Role
President, AlsoEnergy
Signature
/s/ Saul R. Laureles, attorney-in-fact
Stock symbol
STEM
Transactions as of
Mar 1, 2022
Transactions value $
$0
Form type
4
Date filed
3/15/2022, 04:09 PM
Next filing
Mar 14, 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 Restricted Stock Unit Award $0 +668K $0.00 668K Mar 14, 2022 Common Stock, Par Value $0.0001 Per Share 668K Direct F1, F2
transaction STEM Restricted Stock Unit Award $0 +67K $0.00 67K Mar 1, 2022 Common Stock, Par Value $0.0001 Per Share 67K Direct F1, F3
transaction STEM Stock Option (Right to Buy) Award $0 +105K $0.00 105K Mar 1, 2022 Common Stock, Par Value $0.0001 Per Share 105K $9.33 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents the contingent right to receive one (1) share of common stock.
F2 Vests 100% on March 13, 2025, subject to the reporting person's employment with the issuer on such date.
F3 Vests in four equal annual installments from the date of grant, subject to the reporting person's continuous employment with the issuer on each anniversary date of grant.
F4 Vests in four equal annual installments from the date of grant, subject to the reporting person's continuous employment with the issuer on each anniversary date of grant.