John Eugene Carrington - 28 Apr 2024 Form 4 Insider Report for STEM, INC. (STEM)

Role
CEO and Director, Director
Signature
/s/ Chen Zhang, attorney-in-fact
Issuer symbol
STEM
Transactions as of
28 Apr 2024
Net transactions value
$0
Form type
4
Filing time
30 Apr 2024, 17:21:42 UTC
Previous filing
12 Mar 2024
Next filing
07 May 2024
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 +428,572 +163% $0.000000 690,890 28 Apr 2024 Direct
transaction STEM Common Stock, Par Value $0.0001 Per Share Options Exercise $0 +9,866 +1.4% $0.000000 700,756 28 Apr 2024 Direct

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 -428,572 -37% $0.000000 715,278 28 Apr 2024 Common Stock, Par Value $0.0001 Per Share 428,572 $0.000000 Direct F1
transaction STEM Restricted Stock Unit Options Exercise $0 -9,866 -1.4% $0.000000 705,412 28 Apr 2024 Common Stock, Par Value $0.0001 Per Share 9,866 $0.000000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 2, 2021, the reporting person was granted 1,000,000 RSUs vesting as follows: 3/7th (428,572 RSUs) vesting on April 28, 2024, and 1/7th (142,857 RSUs) vesting on each anniversary thereafter.
F2 On July 2, 2021, the reporting person was granted 39,463 RSUs vesting in four equal annual installments beginning on April 28, 2022.