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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2021-02-15 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 Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
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 Exercise Date 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
  1. 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).
  2. Sale of shares to cover tax withholding obligation incurred upon settlement of the Performance Stock Units (the "PSUs") that vested on February 15, 2021.
  3. 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.
  4. Each of the PSUs represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
  5. 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.
  6. 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.
  7. 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.