Shawn M. Soderberg - Nov 15, 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
Nov 15, 2023
Transactions value $
-$18,895
Form type
4
Date filed
11/16/2023, 07:00 PM
Previous filing
Aug 17, 2023
Next filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Class A Common Stock Options Exercise $0 +3.03K +3.76% $0.00 83.7K Nov 15, 2023 Direct
transaction BE Class A Common Stock Sale -$18.9K -1.53K -1.82% $12.39 82.2K Nov 16, 2023 Direct F1, F2
holding BE Class A Common Stock 393K Nov 15, 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 Restricted Stock Units Options Exercise $0 -3.03K -50% $0.00 3.03K Nov 15, 2023 Class A Common Stock 3.03K Direct F4, 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 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 $12.19 to $12.55. 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 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 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.