Michael James Carlson - Sep 26, 2022 Form 4 Insider Report for STEM, INC. (STEM)

Role
Chief Operating Officer
Signature
/s/ Kathy Medford, Attorney-in-Fact
Stock symbol
STEM
Transactions as of
Sep 26, 2022
Transactions value $
$0
Form type
4
Date filed
10/4/2022, 10:24 AM
Next filing
Feb 17, 2023

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 +24.4K $0.00 24.4K Sep 26, 2022 Common Stock, Par Value $0.0001 Per Share 24.4K Direct F1, F2
transaction STEM Stock Option (Right to Buy) Award $0 +33.3K $0.00 33.3K Sep 26, 2022 Common Stock, Par Value $0.0001 Per Share 33.3K $12.83 Direct F3
* 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, par value $0.0001 per share.
F2 The RSU award vests in four equal annual installments beginning on September 26, 2023.
F3 The option award becomes exercisable in four equal annual installments beginning on September 26, 2023.