Shawn M. Soderberg - Jul 27, 2023 Form 4 Insider Report for Bloom Energy Corp (BE)

Role: EVP, GC & Secretary
Signature: /s/ Shawn M. Soderberg
Stock symbol: BE
Transactions as of: Jul 27, 2023
Transactions value $: -$23,413
Form type: 4
Date filed: 10/17/2023, 07:30 PM
Previous filing: Jul 18, 2023
Next filing: Aug 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	+4.12K	+5.24%	$0.00	82.6K	Oct 15, 2023	Direct
transaction	BE	Class A Common Stock	Sale	-$23.4K	-2K	-2.42%	$11.73	80.7K	Oct 16, 2023	Direct	F1, F2
holding	BE	Class A Common Stock						393K	Jul 27, 2023	By trust	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	Stock Option (Right to Buy Class B Common Stock)	Other	$0	-20K	-100%	$0.00^*	0	Jul 23, 2023	Class B Common Stock	20K	$30.96	Direct	F4, F5
transaction	BE	Stock Option (Right to Buy)	Other	$0	+20K		$0.00	20K	Jul 26, 2023	Class A Common Stock	20K	$30.96	Direct	F4, F5
transaction	BE	Stock Option (Right to Buy Class B Common Stock)	Other	$0	-107K	-100%	$0.00^*	0	Jul 27, 2023	Class B Common Stock	107K	$30.89	Direct	F4, F5
transaction	BE	Stock Option (Right to Buy)	Other	$0	+107K		$0.00	107K	Jul 27, 2023	Class A Common Stock	107K	$30.89	Direct	F4, F5
transaction	BE	Stock Option (Right to Buy Class B Common Stock)	Other	$0	-20K	-100%	$0.00^*	0	Jul 27, 2023	Class B Common Stock	20K	$15.00	Direct	F4, F5
transaction	BE	Stock Option (Right to Buy)	Other	$0	+20K		$0.00	20K	Jul 27, 2023	Class A Common Stock	20K	$15.00	Direct	F4, F5
transaction	BE	Restricted Stock Units	Options Exercise	$0	-4.12K	-16.67%	$0.00	20.6K	Oct 15, 2023	Class A Common Stock	4.12K		Direct	F6, F7

* 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 24, 2023.
F2	The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $11.65 to $11.78. 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	Held by The Shawn M. Soderberg 2005 Trust, of which the Reporting Person is the trustee.
F4	Effective as of immediately prior to the close of business on July 27, 2023, each share of the Issuer's Class B Common Stock, par value $0.0001 per share (the "Class B Common Stock"), automatically converted into one share of the Issuer's Class A Common Stock, par value $0.0001 per share (the "Class A Common Stock"), pursuant to the Issuer's Restated Certificate of Incorporation. In connection with the foregoing, the outstanding options to purchase shares of Class B Common Stock remain unchanged, except that the underlying shares now represent Class A Common Stock.
F5	These options are fully vested.
F6	Each RSU represents a contingent right to receive one share of the Class A Common Stock of the Issuer upon settlement.
F7	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.