Shawn M. Soderberg - Jan 15, 2023 Form 4 Insider Report for Bloom Energy Corp (BE)

Role
EVP, GC & Secretary
Signature
/s/ Shawn M. Soderberg
Stock symbol
BE
Transactions as of
Jan 15, 2023
Transactions value $
-$622,887
Form type
4
Date filed
1/18/2023, 04:00 PM
Previous filing
Dec 19, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Class A Common Stock Options Exercise $0 +16.5K +4.73% $0.00 365K Jan 15, 2023 Direct
transaction BE Class A Common Stock Options Exercise $0 +50K +13.71% $0.00 415K Jan 15, 2023 Direct
transaction BE Class A Common Stock Sale -$623K -26.8K -6.47% $23.21 388K Jan 17, 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 -16.5K -33.33% $0.00 32.9K Jan 15, 2023 Class A Common Stock 16.5K Direct F3, F4
transaction BE Restricted Stock Units Options Exercise $0 -50K -100% $0.00* 0 Jan 15, 2023 Class A Common Stock 50K 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.