Guillermo Brooks - Feb 15, 2023 Form 4 Insider Report for Bloom Energy Corp (BE)

Signature
/s/ Shawn M. Soderberg, as attorney-in-fact
Stock symbol
BE
Transactions as of
Feb 15, 2023
Transactions value $
$0
Form type
4
Date filed
2/17/2023, 06:17 PM
Previous filing
Jan 18, 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 Award $0 +30.3K +73.38% $0.00 71.6K Feb 15, 2023 Direct F1
transaction BE Class A Common Stock Award $0 +35.6K +49.69% $0.00 107K Feb 15, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 On January 14, 2022, the Reporting Person was granted a performance stock unit ("PSU") award for a target number of 33,882 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.