KR Sridhar - May 12, 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
May 12, 2023
Transactions value $
-$533,901
Form type
4
Date filed
5/16/2023, 07:35 PM
Previous filing
Mar 17, 2023
Next filing
Jun 16, 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 +80K +12.07% $0.00 743K May 12, 2023 Direct
transaction BE Class A Common Stock Sale -$534K -42.2K -5.69% $12.64 701K May 15, 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 -80K -25% $0.00 240K May 12, 2023 Class A Common Stock 80K 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.