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
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
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)
Code V Amount (A) or (D) Price
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

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
Director 10% Owner Officer Other
Daley Adam
100 CALIFORNIA STREET
14TH FLOOR
SAN FRANCISCO, CA 94111
X



Signatures
/s/ William Bush, Attorney-in-Fact 12/2/2021
**Signature of Reporting Person Date
Stem (NYSE:STEM)
Historical Stock Chart
From Dec 2021 to Jan 2022 Click Here for more Stem Charts.
Stem (NYSE:STEM)
Historical Stock Chart
From Jan 2021 to Jan 2022 Click Here for more Stem Charts.