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Filing Details

Accession Number:: 0001209191-21-012108
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-02-18 18:55:48
Reporting Period:: 2021-02-15

Accepted Time:: 2021-02-18 18:55:48
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1664703	Bloom Energy Corp	BE	Electrical Industrial Apparatus (3620)	770565408

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1746127	Swaminathan Venkataraman	4353 North First Street San Jose CA 95134	Evp & Cto	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2021-02-15	22,050	$0.00	167,996	No	4	M	Direct
Class A Common Stock	Acquisiton	2021-02-16	3,315	$11.31	171,311	No	4	M	Direct
Class A Common Stock	Acquisiton	2021-02-16	3,169	$12.00	174,480	No	4	M	Direct
Class A Common Stock	Disposition	2021-02-16	19,361	$38.58	155,119	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Performance Stock Units	Disposition	2021-02-15	22,050	$0.00	22,050	$0.00
Class A Common Stock	Stock Option (Right to Buy Class A Common Stock)	Disposition	2021-02-16	3,315	$0.00	3,315	$11.31
Class A Common Stock	Stock Option (Right to Buy Class A Common Stock)	Disposition	2021-02-16	3,169	$0.00	3,169	$12.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
44,100	2031-02-10	No	4	M	Direct
26,526	2029-02-14	No	4	M	Direct
25,352	2029-07-15	No	4	M	Direct

Footnotes

Includes 2,500 shares that were acquired under the Bloom Energy Corporation Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
Sale of shares to cover tax withholding obligation incurred upon settlement of the Performance Stock Units (the "PSUs") that vested on February 15, 2021.
The price reported represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $35.32 to $40.05 per share. Upon request by the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
Each of the PSUs represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
On June 12, 2020, the Reporting Person was granted a PSU award for a target number of 45,000 shares of Class A common stock, subject to the achievement of certain financial performance criteria during the performance period. The Reporting Person fully met the performance criteria as determined by the Compensation Committee on February 11, 2021, which resulted in a payout of 1.47 times the target. The PSUs shall vest annually over three (3) years, with a third of the PSU vesting on February 15, 2021, another third on February 15, 2022 and the remaining third on February 15, 2023, subject to Reporting Person remaining a service provider on each applicable vesting date.
The option vested as to 25% of the shares on the 1-year anniversary of the grant date, and the remaining shares will vest in equal quarterly installments from such 1-year anniversary over the next three years, subject to the Reporting Person's continuous service to the Issuer through each vesting date.
The option vested as to 25% of the shares on the 1-year anniversary of February 15, 2019, and the remaining shares will vest in equal quarterly installments from such 1-year anniversary over the next three years, subject to the Reporting Person's continuous service to the Issuer through each vesting date.