Statement of Changes in Beneficial Ownership (4)
July 09 2021 - 7:16PM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
BUZBY DAVID S |
2. Issuer Name and Ticker or Trading Symbol
STEM, INC.
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STEM
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
100 CALIFORNIA STREET, 14TH FLOOR |
3. Date of Earliest Transaction
(MM/DD/YYYY)
7/7/2021 |
(Street)
SAN FRANCISCO, CA 94111
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock, Par Value $0.0001 Per Share | 7/7/2021 | | M | | 32978 | A | $1.25 | 486280 | D | |
Common Stock, Par Value $0.0001 Per Share | 7/7/2021 | | F | | 1209 | D | $34.11 | 485071 | D | |
Common Stock, Par Value $0.0001 Per Share | 7/7/2021 | | M | | 27596 | A | $1.25 | 512667 | D | |
Common Stock, Par Value $0.0001 Per Share | 7/7/2021 | | F | | 1012 | D | $34.11 | 511655 | D | |
Common Stock, Par Value $0.0001 Per Share | 7/7/2021 | | M | | 166018 | A | $2.27 | 677673 | D | |
Common Stock, Par Value $0.0001 Per Share | 7/7/2021 | | F | | 11049 | D | $34.11 | 666624 | D | |
Common Stock, Par Value $0.0001 Per Share | | | | | | | | 89684 | I | By the David S. Buzby Revocable Trust (1) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Option (Right to Buy) | $1.25 | 7/7/2021 | | M | | | 32978 | 1/1/2019 | 7/20/2025 | Common Stock, Par Value $0.0001 Per Share | 32978.0 | $0 | 217330 | D | |
Stock Option (Right to Buy) | $1.25 | 7/7/2021 | | M | | | 27596 | 10/28/2019 | 10/27/2025 | Common Stock, Par Value $0.0001 Per Share | 27596.0 | $0 | 189734 | D | |
Stock Option (Right to Buy) | $2.27 | 7/7/2021 | | M | | | 166018 | 1/1/2019 (2) | 10/31/2028 | Common Stock, Par Value $0.0001 Per Share | 166018.0 | $0 | 23716 (3) | D | |
Explanation of Responses: |
(1) | Held by the David S. Buzby Revocable Trust, of which the reporting person is sole trustee. |
(2) | These options vested 25% on January 1, 2019, and the remaining options vested in equal monthly installments thereafter. |
(3) | These options will vest in equal monthly installments through January 1, 2022. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
BUZBY DAVID S 100 CALIFORNIA STREET 14TH FLOOR SAN FRANCISCO, CA 94111 | X |
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Signatures
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/s/ William Bush, Attorney-in-Fact | | 7/9/2021 |
**Signature of Reporting Person | Date |
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