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Filing Details

Accession Number:: 0000899243-23-005539
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-02-17 19:11:07
Reporting Period:: 2023-02-15

Accepted Time:: 2023-02-17 19:11:07
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1664703	Bloom Energy Corp	BE	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1591851	Marie Shawn Soderberg	4353 North First Street San Jose CA 95134	Evp, Gc & Secretary	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	2023-02-15	3,032	$0.00	392,043	No	4	M	Direct
Class A Common Stock	Acquisiton	2023-02-15	16,170	$0.00	408,213	No	4	M	Direct
Class A Common Stock	Acquisiton	2023-02-15	35,400	$0.00	443,613	No	4	A	Direct
Class A Common Stock	Acquisiton	2023-02-15	34,588	$0.00	478,201	No	4	A	Direct
Class A Common Stock	Disposition	2023-02-16	2,806	$23.61	475,395	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	A	Direct
No	4	A	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	2023-02-15	3,032	$0.00	3,032	$0.00
Class A Common Stock	Performance Stock Units	Disposition	2023-02-15	16,170	$0.00	16,170	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
12,127			No	4	M	Direct
0			No	4	M	Direct

Footnotes

Includes 1,255 shares that were acquired under the Bloom Energy Corporation Employee Stock Purchase Plan.
Restricted stock units ("RSUs") granted under the Bloom Energy Corporation 2018 Equity Incentive Plan. One-third of the RSUs will vest on February 15, 2024, and the remaining will vest in equal quarterly installments for the following two years, subject to Reporting Person remaining a service provider on each applicable vesting date.
On January 14, 2022, the Reporting Person was granted a performance stock unit ("PSU") award for a target number of 32,940 shares of Class A common stock, subject to the achievement of certain financial performance criteria during the performance period related to the services business. The Reporting Person fully met the performance criteria as determined by the Compensation Committee on February 15, 2023, which resulted in a payout of 1.05 times the target. The PSUs shall vest annually over three (3) years, with a third of the PSU vesting on February 15, 2023, another third on February 15, 2024 and the remaining third on February 15, 2025, subject to Reporting Person remaining a service provider on each applicable vesting date.
Sale of shares to cover tax withholding obligation incurred upon settlement of RSUs 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 $23.37 to $23.85. 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.
Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
RSUs 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 in equal quarterly 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 33,000 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.