Robert Schaefer - 01 Mar 2022 Form 4 Insider Report for STEM, INC. (STEM)

Role
President, AlsoEnergy
Signature
/s/ Saul R. Laureles, attorney-in-fact
Issuer symbol
STEM
Transactions as of
01 Mar 2022
Net transactions value
$0
Form type
4
Filing time
15 Mar 2022, 16:09:39 UTC
Next filing
14 Mar 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 Restricted Stock Unit Award $0 +667,556 $0.000000 667,556 14 Mar 2022 Common Stock, Par Value $0.0001 Per Share 667,556 Direct F1, F2
transaction STEM Restricted Stock Unit Award $0 +66,988 $0.000000 66,988 01 Mar 2022 Common Stock, Par Value $0.0001 Per Share 66,988 Direct F1, F3
transaction STEM Stock Option (Right to Buy) Award $0 +104,668 $0.000000 104,668 01 Mar 2022 Common Stock, Par Value $0.0001 Per Share 104,668 $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.