Filing Details

Accession Number:
0000899243-23-005534
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-02-17 19:06:51
Reporting Period:
2023-02-15
Accepted Time:
2023-02-17 19:06:51
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
Chairman & 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 2023-02-15 122,499 $0.00 585,852 No 4 M Direct
Class A Common Stock Acquisiton 2023-02-16 50,608 $0.00 636,460 No 4 M Direct
Class A Common Stock Disposition 2023-02-16 7,487 $23.61 628,973 No 4 S Direct
Class A Common Stock Disposition 2023-02-17 27,088 $22.91 601,885 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S 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 2023-02-15 122,499 $0.00 122,499 $0.00
Class A Common Stock Restricted Stock Units Disposition 2023-02-16 50,608 $0.00 50,608 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
0 No 4 M Direct
Footnotes
  1. Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units ("RSUs") effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. 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.
  3. The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $22.76 to $23.07. 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.
  4. Each of the performance stock units ("PSUs") represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
  5. On July 2, 2020, the Reporting Person was granted a PSU award for a target number of 250,000 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 PSUs 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. Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
  7. This RSU award vested in full on the one year anniversary of the grant date, which was February 16, 2022.