Shawn M. Soderberg - 15 Jan 2023 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 Jan 2023
Net transactions value
-$622,887
Form type
4
Filing time
18 Jan 2023, 16:00:12 UTC
Previous filing
19 Dec 2022
Next filing
17 Feb 2023
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 +16,470 +4.7% $0.000000 364,593 15 Jan 2023 Direct
transaction BE Class A Common Stock Options Exercise $0 +50,000 +14% $0.000000 414,593 15 Jan 2023 Direct
transaction BE Class A Common Stock Sale $622,887 -26,837 -6.5% $23.21 387,756 17 Jan 2023 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 -16,470 -33% $0.000000 32,942 15 Jan 2023 Class A Common Stock 16,470 Direct F3, F4
transaction BE Restricted Stock Units Options Exercise $0 -50,000 -100% $0.000000* 0 15 Jan 2023 Class A Common Stock 50,000 Direct F3, F5
* 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") effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $22.99 to $23.43. 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 These RSUs vest as to one-third of the shares on the one-year anniversary of the vesting commencement date, which is January 15, 2022, and 1/12th quarterly thereafter, subject to the Reporting Person remaining a service provider through each applicable vesting date.
F5 These RSUs vested in full on January 15, 2023.