Mark William Triplett - 15 Mar 2022 Form 4 Insider Report for STEM, INC. (STEM)

Role
Chief Operating Officer
Signature
/s/ William Bush, Attorney-in-Fact
Issuer symbol
STEM
Transactions as of
15 Mar 2022
Net transactions value
-$1,731,653
Form type
4
Filing time
17 Mar 2022, 21:33:49 UTC
Previous filing
03 Mar 2022
Next filing
14 Apr 2022
SEC
View on sec.gov

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 Options Exercise $394,980 +174,000 +1611% $2.27 184,801 15 Mar 2022 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Tax liability $741,593 -93,165 -50% $7.96 91,636 15 Mar 2022 Direct F1

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) Options Exercise $1,385,040 -174,000 -24% $7.96 558,393 15 Mar 2022 Common Stock, Par Value $0.0001 Per Share 174,000 $2.27 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of stock option awards, and does not represent a sale by the reporting person.
F2 These options vested 25% on March 19, 2019, and the remaining options vested in equal monthly installments thereafter.