Home/Filings/4/0001758766-23-000102
4//SEC Filing

MORGAN MICHAEL C 4

Accession 0001758766-23-000102

CIK 0001758766other

Filed

Jun 19, 8:00 PM ET

Accepted

Jun 20, 4:21 PM ET

Size

232.7 KB

Accession

0001758766-23-000102

Insider Transaction Report

Form 4
Period: 2023-06-15
MORGAN MICHAEL C
Director10% Owner
Transactions
  • Exercise/Conversion

    Restricted Stock Unit

    2023-06-1520,49823,489 total
    Common Stock, Par Value $0.0001 Per Share (20,498 underlying)
  • Exercise/Conversion

    Common Stock, Par Value $0.0001 Per Share

    2023-06-15+20,49820,498 total
Holdings
  • Common Stock, Par Value $0.0001 Per Share

    (indirect: By Trust)
    547,705
  • Common Stock, Par Value $0.0001 Per Share

    (indirect: By Trust)
    37,500
  • Common Stock, Par Value $0.0001 Per Share

    (indirect: Held by Portcullis Investments, LP)
    1,178,937
  • Common Stock, Par Value $0.0001 Per Share

    (indirect: Held by Portcullis Partners, LP)
    50,000
  • Common Stock, Par Value $0.0001 Per Share

    (indirect: By Trust)
    37,500
Footnotes (8)
  • [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]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.
  • [F3]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 Partners, 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.
  • [F4]Includes 5,524 shares previously disclosed as directly owned by the reporting person that were transferred to the trust in June 2022.
  • [F5]Held by a trust of which the reporting person is a trustee.
  • [F6]Held by a family trust (M GST) of which the reporting person is an investment adviser.
  • [F7]Held by a family trust (C GST) of which the reporting person is an investment adviser.
  • [F8]On July 28, 2022, the reporting person was granted 20,498 RSUs vesting 100% on June 15, 2023.

Issuer

STEM, INC.

CIK 0001758766

Entity typeother

Related Parties

1
  • filerCIK 0001250209

Filing Metadata

Form type
4
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 4:21 PM ET
Size
232.7 KB