Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] 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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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Daley Adam	2. Issuer Name and Ticker or Trading Symbol STEM, INC. [ STEM ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle) 100 CALIFORNIA STREET, 14TH FLOOR	3. Date of Earliest Transaction (MM/DD/YYYY) 11/30/2021
(Street) SAN FRANCISCO, CA 94111 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, Par Value $0.0001 Per Share	11/30/2021		J⁽¹⁾		10051	A	$0	442776 ⁽²⁾	I	By Daley Revocable Trust ⁽³⁾
Common Stock, Par Value $0.0001 Per Share	11/30/2021		J⁽⁴⁾		13865	A	$0	101249 ⁽⁵⁾	D
Common Stock, Par Value $0.0001 Per Share	12/1/2021		S		100000 ⁽⁶⁾	D	$21.1348	342776 ⁽⁷⁾	I	By Daley Revocable Trust ⁽³⁾
Common Stock, Par Value $0.0001 Per Share	12/2/2021		S		100000 ⁽⁶⁾	D	$19.8179	242776 ⁽⁷⁾	I	By Daley Revocable Trust ⁽³⁾
Common Stock, Par Value $0.0001 Per Share								246251	I	By Daley Investment Trust ⁽⁸⁾

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
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)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:
(1)	The shares of common stock reported herein give effect to a pro rata distribution of Issuer common stock from Star Peak Sponsor LLC (the "Sponsor") and its affiliates to members of the Sponsor, including the reporting person, for no additional consideration (the "Distribution").
(2)	Represents number of shares beneficially owned by Daley Revocable Trust after giving effect to the Distribution.
(3)	Held by Daley Revocable Trust, of which the reporting person is a trustee.
(4)	The shares of common stock reported herein give effect to the Distribution.
(5)	Represents number of shares directly and beneficially owned by the reporting person after giving effect to the Distribution.
(6)	Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 24, 2021.
(7)	Represents number of shares beneficially owned by Daley Revocable Trust after giving effect to sale pursuant to the reporting person's 10b5-1 trading plan.
(8)	Held by the Daley Investment Trust, of which the reporting person is a trustee.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Daley Adam 100 CALIFORNIA STREET 14TH FLOOR SAN FRANCISCO, CA 94111	X