Shawn M. Soderberg - 15 Apr 2024 Form 4 Insider Report for Bloom Energy Corp (BE)

Role
Chief Legal Officer and Corporate Secretary
Signature
/s/ Shawn M. Soderberg
Issuer symbol
BE
Transactions as of
15 Apr 2024
Net transactions value
-$88,375
Form type
4
Filing time
17 Apr 2024, 17:00:12 UTC
Previous filing
19 Mar 2024
Next filing
17 May 2024
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 +20,000 +13% $0.000000 172,849 15 Apr 2024 Direct
transaction BE Class A Common Stock Options Exercise $0 +4,117 +2.4% $0.000000 176,966 15 Apr 2024 Direct
transaction BE Class A Common Stock Sale $88,375 -8,963 -5.1% $9.86 168,003 16 Apr 2024 Direct F1, F2
holding BE Class A Common Stock 396,731 15 Apr 2024 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 -20,000 -100% $0.000000* 0 15 Apr 2024 Class A Common Stock 20,000 Direct F4, F5
transaction BE Restricted Stock Units Options Exercise $0 -4,117 -25% $0.000000 12,354 15 Apr 2024 Class A Common Stock 4,117 Direct F4, F6
* 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 $9.77 to $10.09. 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 These RSUs are fully vested.
F6 The RSUs vested as to one-third of the shares on the one-year anniversary of the vesting commencement date, which was January 15, 2022, and 1/12th quarterly thereafter, subject to the Reporting Person's continued service to the Issuer through each applicable vesting date.

Remarks:

Chief Legal Officer and Corporate Secretary