John Eugene Carrington - 01 Mar 2023 Form 4 Insider Report for STEM, INC. (STEM)

Role: CEO and Director, Director
Signature: /s/ Kathy Medford, Attorney-in-Fact
Issuer symbol: STEM
Transactions as of: 01 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2023, 16:16:28 UTC
Previous filing: 28 Feb 2023
Next filing: 21 Mar 2023
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	$0	+26,795	+27%	$0.000000	124,638	01 Mar 2023	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	Restricted Stock Unit	Options Exercise	$0	-26,795	-2.2%	$0.000000	1,215,248	01 Mar 2023	Common Stock, Par Value $0.0001 Per Share	26,795		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of common stock issued to the reporting person upon vesting of restricted stock units ("RSUs") issued on March 1, 2022 under the Stem, Inc. 2021 Equity Incentive Plan.
F2	On March 1, 2022, the reporting person was granted 107,181 RSUs vesting in four equal annual installments beginning on March 1, 2023.