Daniel Berenbaum - 06 May 2024 Form 4 Insider Report for Bloom Energy Corp (BE)

Signature
/s/ Shawn M. Soderberg, as attorney-in-fact
Issuer symbol
BE
Transactions as of
06 May 2024
Net transactions value
$0
Form type
4
Filing time
08 May 2024, 20:17:12 UTC
Previous filing
08 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Class A Common Stock Award $0 +200,000 $0.000000 200,000 06 May 2024 Direct F1
transaction BE Class A Common Stock Award $0 +100,000 +50% $0.000000 300,000 06 May 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units ("RSUs") granted under the Bloom Energy Corporation 2018 Equity Incentive Plan. 25% of the RSUs will vest on May 15, 2025, and the remaining will vest in equal quarterly installments for the following three years, subject to Reporting Person remaining a service provider on each applicable vesting date.
F2 On May 6, 2024, the Reporting Person was granted a Performance Stock Unit ("PSU") award for a target number of 100,000 shares of Class A common stock, subject to the achievement of certain financial performance criteria during the performance period. The PSUs shall vest annually over three (3) years, with a third of the PSUs vesting on May 15, 2025, another third on May 15, 2026 and the remaining third on May 15, 2027, subject to Reporting Person remaining a service provider on each applicable vesting date.