David S. Buzby - Jun 15, 2023 Form 4 Insider Report for STEM, INC. (STEM)

Role
Director
Signature
/s/ Kathy Medford, Attorney-in-Fact
Stock symbol
STEM
Transactions as of
Jun 15, 2023
Transactions value $
$0
Form type
4
Date filed
6/20/2023, 04:16 PM
Previous filing
Jun 8, 2023
Next filing
Jun 10, 2024

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 +20.5K $0.00 20.5K Jun 15, 2023 Direct F1
holding STEM Common Stock, Par Value $0.0001 Per Share 559K Jun 15, 2023 By the David S. Buzby Revocable Trust F2

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 -20.5K -46.6% $0.00 23.5K Jun 15, 2023 Common Stock, Par Value $0.0001 Per Share 20.5K Direct F1, F3
* 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") that were issued to the reporting person on July 28, 2022 under the Stem, Inc. 2021 Equity Incentive Plan.
F2 Held by the 2016 David S. Buzby Revocable Trust, of which the reporting person is sole trustee.
F3 On July 28, 2022, the reporting person was granted 20,498 RSUs vesting 100% on June 15, 2023.