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

Role
EVP, GC & Secretary
Signature
/s/ Shawn M. Soderberg
Issuer symbol
BE
Transactions as of
15 Nov 2022
Net transactions value
-$59,681
Form type
4
Filing time
17 Nov 2022, 17:16:11 UTC
Previous filing
19 Sep 2022
Next filing
19 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Class A Common Stock Options Exercise $0 +3,031 +0.86% $0.000000 354,159 15 Nov 2022 Direct
transaction BE Class A Common Stock Sale $59,681 -2,772 -0.78% $21.53 351,377 16 Nov 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 -3,031 -17% $0.000000 15,159 15 Nov 2022 Class A Common Stock 3,031 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.