Guillermo Brooks - Jun 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
Jun 15, 2023
Transactions value $
-$225,527
Form type
4
Date filed
6/16/2023, 08:49 PM
Previous filing
Apr 18, 2023
Next filing
Jul 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Class A Common Stock Award $0 +33.3K +30.2% $0.00 144K Jun 15, 2023 Direct F1
transaction BE Class A Common Stock Sale -$226K -13.2K -9.17% $17.11 131K Jun 16, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 5, 2021, the Reporting Person was granted a performance stock unit ("PSU") award for a target number of 100,000 shares of Class A common stock, subject to the achievement of certain sales performance criteria during the performance period. The Reporting Person fully met the performance criteria for 33,333 shares as determined by the Compensation Committee on April 11, 2023, which resulted in a payout of 1.0 times the target, with such shares vesting on June 15, 2023.
F2 Sale of shares to cover tax withholding obligation incurred upon settlement of PSUs.
F3 The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $17.09 to $17.18. 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.