KR Sridhar - 12 May 2023 Form 4 Insider Report for Bloom Energy Corp (BE)

Role: Chairman & CEO, Director
Signature: /s/ Shawn M. Soderberg, as attorney-in-fact
Issuer symbol: BE
Transactions as of: 12 May 2023
Net transactions value: -$533,901
Form type: 4
Filing time: 16 May 2023, 19:35:54 UTC
Previous filing: 17 Mar 2023
Next filing: 16 Jun 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	+80,000	+12%	$0.000000	742,872	12 May 2023	Direct
transaction	BE	Class A Common Stock	Sale	$533,901	-42,239	-5.7%	$12.64	700,633	15 May 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	-80,000	-25%	$0.000000	240,000	12 May 2023	Class A Common Stock	80,000		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 $12.49 to $12.78. 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	RSUs vest in equal annual installments over five years, with a vesting commencement date of May 12, 2021, in each case subject to the Reporting Person remaining a service provider on each applicable vesting date.