Shawn M. Soderberg - Nov 15, 2022 Form 4 Insider Report for Bloom Energy Corp (BE)

Signature
/s/ Shawn M. Soderberg
Stock symbol
BE
Transactions as of
Nov 15, 2022
Transactions value $
-$59,681
Form type
4
Date filed
11/17/2022, 05:16 PM
Previous filing
Sep 19, 2022
Next filing
Dec 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Class A Common Stock Options Exercise $0 +3.03K +0.86% $0.00 354K Nov 15, 2022 Direct
transaction BE Class A Common Stock Sale -$59.7K -2.77K -0.78% $21.53 351K Nov 16, 2022 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BE Restricted Stock Units Options Exercise $0 -3.03K -16.66% $0.00 15.2K Nov 15, 2022 Class A Common Stock 3.03K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units ("RSUs").
F2 The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $21.33 to $21.645. 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.
F3 Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
F4 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 quarterly in 1/12th installments over the next two years, subject to Reporting Person remaining a service provider on each applicable vesting date.