Sharelynn Faye Moore - Feb 15, 2023 Form 4 Insider Report for Bloom Energy Corp (BE)

Role: EVP, Chief Marketing Officer
Signature: /s/ Shawn M. Soderberg, as attorney-in-fact
Stock symbol: BE
Transactions as of: Feb 15, 2023
Transactions value $: -$147,217
Form type: 4
Date filed: 2/17/2023, 06:12 PM
Previous filing: Jan 24, 2023
Next filing: Feb 23, 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	+9.38K	+11.75%	$0.00	89.2K	Feb 15, 2023	Direct	F1
transaction	BE	Class A Common Stock	Options Exercise	$0	+2.77K	+3.11%	$0.00	91.9K	Feb 15, 2023	Direct
transaction	BE	Class A Common Stock	Award	$0	+35.4K	+38.51%	$0.00	127K	Feb 15, 2023	Direct	F2
transaction	BE	Class A Common Stock	Award	$0	+34.6K	+27.17%	$0.00	162K	Feb 15, 2023	Direct	F3
transaction	BE	Class A Common Stock	Sale	-$147K	-6.24K	-3.85%	$23.60	156K	Feb 16, 2023	Direct	F4, F5

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	-9.38K	-14.29%	$0.00	56.3K	Feb 15, 2023	Class A Common Stock	9.38K		Direct	F6, F7
transaction	BE	Restricted Stock Units	Options Exercise	$0	-2.77K	-20%	$0.00	11.1K	Feb 15, 2023	Class A Common Stock	2.77K		Direct	F6, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 823 shares that were acquired under the Bloom Energy Corporation Employee Stock Purchase Plan.
F2	Restricted stock units ("RSUs") granted under the Bloom Energy Corporation 2018 Equity Incentive Plan. One-third of the RSUs will vest on February 15, 2024, and the remaining will vest in equal quarterly installments for the following two years, subject to Reporting Person remaining a service provider on each applicable vesting date.
F3	On January 14, 2022, the Reporting Person was granted a performance stock unit ("PSU") award for a target number of 32,940 shares of Class A common stock, subject to the achievement of certain financial performance criteria during the performance period related to the services business. The Reporting Person fully met the performance criteria as determined by the Compensation Committee on February 15, 2023, which resulted in a payout of 1.05 times the target. The PSUs shall vest annually over three (3) years, with a third of the PSU vesting on February 15, 2023, another third on February 15, 2024 and the remaining third on February 15, 2025, subject to Reporting Person remaining a service provider on each applicable vesting date.
F4	Sale of shares to cover tax withholding obligation incurred upon settlement of RSUs effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F5	The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $23.39 to $23.82. 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.
F6	Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
F7	The RSUs vest in equal quarterly installments beginning on August 15, 2022 and ending on August 15, 2024, subject to Reporting Person remaining a service provider on each applicable vesting date.
F8	The RSUs vest in equal quarterly installments beginning on August 15, 2022 and ending on February 15, 2024, subject to Reporting Person remaining a service provider on each applicable vesting date.