Filing Details
- Accession Number:
- 0001209191-21-025969
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-04-07 18:45:31
- Reporting Period:
- 2021-04-05
- Accepted Time:
- 2021-04-07 18:45:31
- 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 |
|---|---|---|---|---|---|---|---|
| 1746277 | Kr Sridhar | 4353 North First Street San Jose CA 95134 | President & Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2021-04-06 | 37,884 | $0.00 | 519,767 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2021-04-06 | 45,256 | $25.74 | 474,511 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Restricted Stock Units (Class B Common Stock) | Disposition | 2021-04-05 | 71,000 | $0.00 | 71,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2021-04-05 | 71,000 | $0.00 | 71,000 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2021-04-06 | 37,884 | $0.00 | 37,884 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 71,000 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 1,495,749 | No | 4 | C | Direct |
Footnotes
- Conversion of derivative security in accordance with its terms.
- Sale of shares to cover tax withholding obligation incurred upon settlement of Restricted Stock Units (the "RSUs") that settled on April 5, 2021.
- The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $25.50 to $25.96, inclusive. The reporting person undertakes to provide Bloom Energy Corporation, any security holder of Bloom Energy Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- Each of the RSUs represents a contingent right to receive one (1) share of the Issuers Class B Common Stock upon settlement.
- The RSUs vest 34% on January 25, 2019; 33% on the January 25, 2020; and 33% on January 25, 2021. Settlement of the vested RSUs reported on this Form 4 was deferred to April 5, 2021 at the election of the reporting person.
- The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis (a) at the holder's option; or (b) upon any transfer except certain permitted transfers. All the outstanding shares of Class B Common Stock will convert automatically into shares of Class A common stock upon the date that is the earliest to occur of (i) immediately prior to the close of business on the fifth anniversary of July 27, 2018, (ii) immediately prior to the close of business on the date on which the outstanding shares of Class B Common Stock represent less than five percent (5%) of the aggregate number of shares of Class A Common Stock and Class B Common Stock then outstanding, (iii) the date and time, or the occurrence of an event, specified in a written conversion election delivered by KR Sridhar to the Secretary of the Issuer or Chairman of the Issuer's Board to so convert all shares of Class B Common Stock, or (iv) immediately following the date of the death of KR Sridhar.
Billionaire Hedge Funds
