Adam Daley - Aug 10, 2022 Form 4 Insider Report for STEM, INC. (STEM)

Role
Director
Signature
/s/ Kathy Medford, Attorney-in-Fact
Stock symbol
STEM
Transactions as of
Aug 10, 2022
Transactions value $
-$2,238,150
Form type
4
Date filed
8/11/2022, 08:42 PM
Previous filing
Jul 29, 2022
Next filing
Nov 21, 2022

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 Sale -$1.11M -75K -30.89% $14.79 168K Aug 10, 2022 By Daley Revocable Trust F1, F2, F3, F4
transaction STEM Common Stock, Par Value $0.0001 Per Share Sale -$1.13M -75K -44.7% $15.05 92.8K Aug 11, 2022 By Daley Revocable Trust F1, F3, F4, F5
transaction STEM Common Stock, Par Value $0.0001 Per Share Gift $0 -20K -18.73% $0.00 86.8K Jun 7, 2022 Direct F6
holding STEM Common Stock, Par Value $0.0001 Per Share 246K Aug 10, 2022 By Daley Investment Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 27, 2022.
F2 The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $14.42 to $15.26. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 Represents number of shares beneficially owned by Daley Revocable Trust after giving effect to sale pursuant to the reporting person's 10b5-1 trading plan.
F4 Held by Daley Revocable Trust, of which the reporting person is a trustee.
F5 The price reported is a weighted average price. The shares were sold in multiple transactions at per share prices ranging from $14.69 to $15.25. The Reporting Person undertakes to provide upon request to the SEC staff, the Issuer, or any stockholder of the Issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F6 Represents a gift of 20,000 shares to a university foundation on June 7, 2022.