Glen Griffiths - 15 Mar 2023 Form 4 Insider Report for Bloom Energy Corp (BE)

Signature
/s/ Shawn M. Soderberg, as attorney-in-fact
Issuer symbol
BE
Transactions as of
15 Mar 2023
Net transactions value
-$38,260
Form type
4
Filing time
17 Mar 2023, 20:40:26 UTC
Previous filing
17 Feb 2023
Next filing
04 Apr 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 +5,833 +1.5% $0.000000 405,620 15 Mar 2023 Direct
transaction BE Class A Common Stock Sale $38,260 -2,122 -0.52% $18.03 403,498 16 Mar 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 -5,833 -50% $0.000000 5,833 15 Mar 2023 Class A Common Stock 5,833 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") 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 $17.6757 to $18.38. 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 One-third of the RSUs vested on June 15, 2021, and the remaining vest in equal quarterly installments thereafter for two years. subject to the Reporting Person's continued service with the Issuer through each vesting date.

Remarks:

EVP, Quality & EHS