Form 4 for STEM STEM, INC.
Accepted 2023-02-28 00:00:00 ET · period of report 2023-01-18 · accession 0001758766-23-000022 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-28 | 2023-02-21 | STEM | Shukla Rahul | CAO | M - OptEx | $0.00 | +8,000 | 8,000 | New | $0 |
| D | 2023-02-28 | 2023-02-21 | STEM | Shukla Rahul | CAO | S - Sale+OE | $8.23 | -4,193 | 3,807 | -52% | -$34.5K |
| D | 2023-02-28 | 2023-01-18 | STEM | Shukla Rahul | CAO | M - OptEx | $0.00 | -8,000 | 24.0K | -25% | $0 |
| D | 2023-02-28 | 2023-02-23 | STEM | Shukla Rahul | CAO | A - Grant | $0.00 | +60.5K | 84.5K | +252% | $0 |
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 | 2023-02-21 | M | A | 8,000 | $0.00 | 8,000 | D | — | — | (F1) Represents shares of common stock issued to the reporting person upon vesting of restricted stock units ("RSUs") issued on February 9, 2022 under the Stem, Inc. 2021 Equity Incentive Plan. |
| 2 | Common | Common Stock, Par Value $0.0001 Per Share | 2023-02-21 | S | D | 4,193 | $8.23 | 3,807 | D | — | — | (F2) Represents shares of common stock sold to cover the reporting person's tax liability in connection with the settlement of RSUs. |
| 3 | Derivative | Restricted Stock Unit | 2023-01-18 | M | D | 8,000 | $0.00 | 24,000 | D | — · — to — | 8,000 Common Stock, Par Value $0.0001 Per Share | (F4) Due to an error, the reporting person's February 9, 2022 RSU grant was previously understated by 14,624 RSUs. (F1) Represents shares of common stock issued to the reporting person upon vesting of restricted stock units ("RSUs") issued on February 9, 2022 under the Stem, Inc. 2021 Equity Incentive Plan. (F3) On February 9, 2022, the reporting person was granted 32,000 RSUs vesting in four equal annual installments beginning on January 18, 2023. |
| 4 | Derivative | Restricted Stock Unit | 2023-02-23 | A | A | 60,459 | $0.00 | 84,459 | D | — · — to — | 60,459 Common Stock, Par Value $0.0001 Per Share | (F4) Due to an error, the reporting person's February 9, 2022 RSU grant was previously understated by 14,624 RSUs. (F5) Each RSU represents the contingent right to receive one (1) share of common stock. (F6) The RSU award vests in three equal annual installments beginning on February 23, 2024. |