Mark William Triplett - 12 Apr 2022 Form 4 Insider Report for STEM, INC. (STEM)

Reporting relationship: Chief Operating Officer
Issuer ticker: STEM
Reported as of: 12 Apr 2022
Net transaction value: -$956,906
SEC form: 4
Accepted by SEC: 14 Apr 2022, 20:27:12 UTC
Prior SEC filing: 17 Mar 2022
Source filing: View source filing
Reporting owner signature: /s/ William Bush, Attorney-in-Fact

Key filing fact

Mark William Triplett filed Form 4 for STEM, INC. (STEM) on 14 Apr 2022.

Key facts

This page summarizes Mark William Triplett's Form 4 filing for STEM, INC. (STEM).
12 reported transactions and 4 derivative rows are listed below.
Accepted by SEC: 14 Apr 2022, 20:27.

Change

Previous filing in this sequence was filed on 17 Mar 2022.
Current net transaction value: -$956,906.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

STEM transaction

Common Stock, Par Value $0.0001 Per Share

Options Exercise

Transaction value: $271,331
Shares: +39,843
Change %: +43%
Price: $6.81
Shares after: 131,479
Date: 12 Apr 2022
Ownership: Direct

STEM transaction

Common Stock, Par Value $0.0001 Per Share

Tax liability

Transaction value: $332,766
Shares: -33,545
Change %: -26%
Price: $9.92
Shares after: 97,934
Date: 12 Apr 2022
Ownership: Direct
Footnotes: F1

STEM transaction

Common Stock, Par Value $0.0001 Per Share

Options Exercise

Transaction value: $7,137
Shares: +1,048
Change %: +1.1%
Price: $6.81
Shares after: 98,982
Date: 12 Apr 2022
Ownership: Direct

STEM transaction

Common Stock, Par Value $0.0001 Per Share

Tax liability

Transaction value: $8,759
Shares: -883
Change %: -0.89%
Price: $9.92
Shares after: 98,099
Date: 12 Apr 2022
Ownership: Direct
Footnotes: F1

STEM transaction

Common Stock, Par Value $0.0001 Per Share

Options Exercise

Transaction value: $534,955
Shares: +235,663
Change %: +240%
Price: $2.27
Shares after: 333,762
Date: 12 Apr 2022
Ownership: Direct

STEM transaction

Common Stock, Par Value $0.0001 Per Share

Tax liability

Transaction value: $1,428,797
Shares: -144,032
Change %: -43%
Price: $9.92
Shares after: 189,730
Date: 12 Apr 2022
Ownership: Direct
Footnotes: F1

STEM transaction

Common Stock, Par Value $0.0001 Per Share

Options Exercise

Transaction value: $396,396
Shares: +174,624
Change %: +92%
Price: $2.27
Shares after: 364,354
Date: 12 Apr 2022
Ownership: Direct

STEM transaction

Common Stock, Par Value $0.0001 Per Share

Tax liability

Transaction value: $396,402
Shares: -40,408
Change %: -11%
Price: $9.81
Shares after: 323,946
Date: 12 Apr 2022
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

STEM transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -39,843
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 12 Apr 2022
Ownership: Direct
Underlying class: Common Stock, Par Value $0.0001 Per Share
Underlying amount: 39,843
Exercise price: $6.81

STEM transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -1,048
Change %: -25%
Price: $0.000000
Shares after: 3,147
Date: 12 Apr 2022
Ownership: Direct
Underlying class: Common Stock, Par Value $0.0001 Per Share
Underlying amount: 1,048
Exercise price: $6.81
Footnotes: F2

STEM transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -235,663
Change %: -57%
Price: $0.000000
Shares after: 174,624
Date: 12 Apr 2022
Ownership: Direct
Underlying class: Common Stock, Par Value $0.0001 Per Share
Underlying amount: 235,663
Exercise price: $2.27

STEM transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -174,624
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 12 Apr 2022
Ownership: Direct
Underlying class: Common Stock, Par Value $0.0001 Per Share
Underlying amount: 174,624
Exercise price: $2.27

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Represents shares that have been withheld by the Issuer to satisfy income tax withholding and remittance obligations in connection with the net settlement of stock option awards, and does not represent a sale by the reporting person.

Footnote F2

25% of the shares underlying the option vest on the first anniversary date, and the remaining shares underlying the option vest in 36 equal monthly installments thereafter, subject to the Reporting Person's continuous employment with the Issuer on each such date.