Form 4 for STEM STEM, INC.
Accepted 2022-03-17 00:00:00 ET · period of report 2022-03-15 · accession 0001758766-22-000054 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2022-03-17 | 2022-03-15 | STEM | MORGAN MICHAEL C | Dir | P - Purchase | $7.62 | +150.0K | 1.18M | +15% | +$1.14M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, Par Value $0.0001 Per Share | 2022-03-15 | P | A | 37,500 | $7.62 | 37,500 | I Held by Trust | — | — | (F1) The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.43 to $7.97, inclusive. The reporting person undertakes to provide to Stem, Inc., any security holder of Stem, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range. (F4) Held by a family trust (C GST) of which the reporting person is an investment adviser. |
| 2 | Common | Common Stock, Par Value $0.0001 Per Share | 2022-03-15 | P | A | 37,500 | $7.62 | 37,500 | I Held by Trust | — | — | (F1) The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.43 to $7.97, inclusive. The reporting person undertakes to provide to Stem, Inc., any security holder of Stem, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range. (F3) Held by a family trust (M GST) of which the reporting person is an investment adviser. |
| 3 | Common | Common Stock, Par Value $0.0001 Per Share | 2022-03-15 | P | A | 75,000 | $7.62 | 1,178,937 | I Held by Portcullis Investments, LP | — | — | (F1) The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $7.43 to $7.97, inclusive. The reporting person undertakes to provide to Stem, Inc., any security holder of Stem, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within such range. (F2) The reporting person serves as Manager of the general partner, Portcullis G.P., LLC, for, and he and his spouse indirectly hold interests in, Portcullis Investments, L.P. The reporting person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |