Guillermo Brooks - Jul 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
Jul 15, 2023
Transactions value $
-$72,718
Form type
4
Date filed
7/18/2023, 07:41 PM
Previous filing
Jun 16, 2023
Next filing
Oct 17, 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 +6.25K +4.8% $0.00 136K Jul 15, 2023 Direct F1
transaction BE Class A Common Stock Options Exercise $0 +4.24K +3.1% $0.00 141K Jul 15, 2023 Direct
transaction BE Class A Common Stock Sale -$72.7K -3.98K -2.83% $18.28 137K Jul 17, 2023 Direct F2, F3

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 -6.25K -11.11% $0.00 50K Jul 15, 2023 Class A Common Stock 6.25K Direct F4, F5
transaction BE Restricted Stock Units Options Exercise $0 -4.24K -14.29% $0.00 25.4K Jul 15, 2023 Class A Common Stock 4.24K Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Number of securities reported reflects the correction of a typographical error in the Reporting Person's Form 4 filed on June 16, 2023, which overreported the number of performance stock units vested and the total number of securities beneficially owned by 333 shares.
F2 Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units ("RSUs").
F3 The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $18.28 to $18.421. 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.
F4 Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
F5 The RSUs vest as to 25% of the shares on the one-year anniversary of the vesting commencement date, which is July 15, 2021, and 1/16th quarterly thereafter, subject to the Reporting Person's continued service to the Issuer through each applicable vesting date.
F6 The RSUs vest as to one-third of the shares on the one-year anniversary of the vesting commencement date, which is January 15, 2022, and 1/12th quarterly thereafter, subject to the Reporting Person's continued service to the Issuer through each applicable vesting date.