Sharelynn Faye Moore - 15 Aug 2023 Form 4 Insider Report for Bloom Energy Corp (BE)

Role
EVP, Chief Business Development and Marketing Officer
Signature
/s/ Shawn M. Soderberg, as attorney-in-fact
Issuer symbol
BE
Transactions as of
15 Aug 2023
Net transactions value
-$89,431
Form type
4
Filing time
17 Aug 2023, 16:33:24 UTC
Previous filing
18 Jul 2023
Next filing
18 Aug 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 +9,375 +5.7% $0.000000 174,650 15 Aug 2023 Direct
transaction BE Class A Common Stock Options Exercise $0 +2,772 +1.6% $0.000000 177,422 15 Aug 2023 Direct
transaction BE Class A Common Stock Sale $89,431 -5,974 -3.4% $14.97 171,448 16 Aug 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 Unit Options Exercise $0 -9,375 -20% $0.000000 37,500 15 Aug 2023 Class A Common Stock 9,375 Direct F3, F4
transaction BE Restricted Stock Unit Options Exercise $0 -2,772 -33% $0.000000 5,544 15 Aug 2023 Class A Common Stock 2,772 Direct F3, F5
* 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 on February 23, 2023.
F2 The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $14.81 to $15.03. 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 The RSUs vest over four years, with one-fourth of the RSUs vesting on the one-year anniversary of the vesting commencement date, which is August 15, 2020, and the remaining shares vesting in equal quarterly installments over the next three years, subject to Reporting Person remaining a service provider on each applicable vesting date.
F5 The RSUs vest over three years, with a third of the RSUs vesting on the one-year anniversary of the vesting commencement date, which is February 15, 2021, and the remaining shares vesting in equal quarterly installments over the next two years, subject to Reporting Person remaining a service provider on each applicable vesting date.

Remarks:

EVP, Chief Business Development and Marketing Officer