Form 8-K - Current report
March 04 2024 - 5:18PM
Edgar (US Regulatory)
FALSE000175876600017587662024-02-282024-02-28
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________________________
FORM 8-K
_______________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date Earliest Event Reported): February 28, 2024
_______________________________________
STEM, INC.
(Exact name of registrant as specified in its charter)
_______________________________________
| | | | | | | | | | | | | | |
Delaware | | 001-39455 | | 85-1972187 |
(State or Other Jurisdiction of Incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
100 California St., 14th Fl, San Francisco, California 94111
(Address of principal executive offices including zip code)
1-877-374-7836
Registrant’s telephone number, including area code
_______________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| | | | | |
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| | | | | |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| | | | | |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| | | | | |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e- 4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| | | | | | | | | | | | | | |
Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Common stock, par value $0.0001 | | STEM | | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| | | | | |
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(b)
On February 28, 2024, Robert Schaefer, President, Behind the Meter Division, of Stem, Inc. (the “Company”) notified the Company of his decision to retire, effective as of May 3, 2024.
(e)
In connection with Mr. Schaefer’s retirement from the Company, it is expected that he and the Company will enter into a separation agreement and a consulting agreement at a later date. In connection with the execution of such agreements, the Company will file an amendment to this Report.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | | | | | | | | | |
| STEM, INC. |
| | |
Date: March 4, 2024 | By: | /s/ Saul R. Laureles |
| | Name: | Saul R. Laureles |
| | Title: | Chief Legal Officer and Corporate Secretary |
_____________________________________________________________________________________________
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Feb. 28, 2024 |
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Entity Registrant Name |
STEM, INC.
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Entity Incorporation, State or Country Code |
DE
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Entity File Number |
001-39455
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Entity Tax Identification Number |
85-1972187
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Entity Address, Address Line One |
100 California St.
|
Entity Address, Address Line Two |
14th Fl
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Entity Address, City or Town |
San Francisco
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Entity Address, State or Province |
CA
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94111
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374-7836
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STEM
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