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Filing Details

Accession Number:: 0001664703-22-000023
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-02-17 20:41:36
Reporting Period:: 2022-02-15

Accepted Time:: 2022-02-17 20:41:36
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 Of Engineering & 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	2022-02-15	12,992	$0.00	119,570	No	4	M	Direct
Class A Common Stock	Acquisiton	2022-02-15	22,050	$0.00	141,620	No	4	M	Direct
Class A Common Stock	Disposition	2022-02-16	13,758	$19.64	127,862	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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	Restricted Stock Units	Disposition	2022-02-15	12,992	$0.00	12,992	$0.00
Class A Common Stock	Performance Stock Units	Disposition	2022-02-15	22,050	$0.00	22,050	$0.00
Class A Common Stock	Performance Stock Units	Acquisiton	2022-02-16	19,489	$0.00	19,489	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
25,986	No	4	M	Direct
22,050	No	4	M	Direct
19,489	No	4	A	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	36,554	Indirect	By trust

Footnotes

Sale of shares to cover tax withholding obligation incurred upon settlement of the restricted stock units ("RSUs") and performance-based stock units ("PSUs") effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $19.25 to $20.07. Upon request by the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
Held by The Venkataraman Living Trust UTA dtd 6/8/2011, of which the Reporting Person is a trustee.
Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
This RSU award shall vest over three years, with a third of the RSUs vesting on the one-year anniversary of the vesting commencement date, which is February 15, 2021, and the remaining shares vesting quarterly in 1/12th installments over the next two years, subject to Reporting Person remaining a service provider on each applicable vesting date.
Each PSU 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.
On February 11, 2021, the Reporting Person was granted a PSU award for a target number of 25,985 shares of Class A common stock, subject to the achievement of certain financial performance criteria during the performance period. The Reporting Person partially met the performance criteria as determined by the Compensation Committee on February 16, 2022, which resulted in a payout of 75% of the target. The PSUs shall vest annually over three (3) years, with a third of the PSUs vesting on March 15, 2022, another third on March 15, 2023 and the remaining third on March 15, 2024, subject to Reporting Person remaining a service provider on each applicable vesting date.