Guillermo Brooks - 15 Jun 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 Jun 2023
Net transactions value
-$225,527
Form type
4
Filing time
16 Jun 2023, 20:49:35 UTC
Previous filing
18 Apr 2023
Next filing
18 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Class A Common Stock Award $0 +33,333 +30% $0.000000 143,714 15 Jun 2023 Direct F1
transaction BE Class A Common Stock Sale $225,527 -13,181 -9.2% $17.11 130,533 16 Jun 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.