Filing Details

Accession Number:
0001104659-21-058961
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-04-30 13:00:00
Reporting Period:
2021-04-28
Accepted Time:
2021-04-30 16:01:21
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1758766 Star Peak Energy Transition Corp. STPK () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1250209 C Michael Morgan C/o Star Peak Sponsor Llc
1603 Orrington Avenue, 13Th Floor
Evanston IL 60201
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-04-28 9,509,626 $0.00 9,509,626 No 4 M Indirect By Star Peak Sponsor LLC
Common Stock Acquisiton 2021-04-28 50,000 $10.00 9,559,626 No 4 P Indirect By Portcullis Partners, LP
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect By Star Peak Sponsor LLC
No 4 P Indirect By Portcullis Partners, LP
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class B Common Stock Disposition 2021-04-28 9,509,626 $0.00 9,509,626 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Indirect
Footnotes
  1. As described in the registrant's registration statement on Form S-1 (File No. 333-240267) under the heading "Description of Securities-Founder Shares," the shares of Class B common stock were automatically convertible into shares of Class A common stock at the time of the registrant's initial business combination on a one-for-one basis, subject to certain adjustments described therein and have no expiration date. In connection with the closing of the registrant's initial business combination, the outstanding shares of Class B common stock were converted into shares of Class A common stock. Such securities are held directly by Star Peak Sponsor LLC (the "Sponsor").
  2. The reporting person has voting and investment discretion with respect to certain securities held by the Sponsor and may be deemed to have shared beneficial ownership of such securities held directly by the Sponsor. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
  3. As previously disclosed, on December 3, 2020, Star Peak Energy Transition Corp. entered into subscription agreements with certain investors (the "PIPE Offering") pursuant to which such investors agreed to purchase, immediately prior to the closing of the previously disclosed business combination transaction with Stem, Inc., an aggregate of $225,000,000 of the Issuer's shares of common stock at a price of $10.00 per share, or an aggregate of 22,500,000 shares of common stock (the "PIPE Shares"). Portcullis Partners, LP acquired 50,000 shares of common stock in the PIPE Offering and such PIPE Shares are held indirectly by the reporting person through Portcullis Partners, LP. 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.