MORGAN MICHAEL C 4

4 · STEM, INC. · Filed Jun 20, 2023

Form 4

Period: 2023-06-15

Director10% Owner

Transactions

Exercise/Conversion
Restricted Stock Unit
2023-06-15−20,498→ 23,489 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+20,498→ 20,498 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.

Documents

3 files