KR Sridhar - 12 May 2024 Form 4 Insider Report for Bloom Energy Corp (BE)

Role
Chairman & CEO, Director
Signature
/s/ Shawn M. Soderberg, as attorney-in-fact
Issuer symbol
BE
Transactions as of
12 May 2024
Net transactions value
-$478,536
Form type
4
Filing time
14 May 2024, 20:03:41 UTC
Previous filing
07 Mar 2025
Next filing
04 Oct 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 +80,000 +3% $0.000000 2,782,608 12 May 2024 Direct
transaction BE Class A Common Stock Sale $478,536 -40,112 -1.4% $11.93 2,742,496 13 May 2024 Direct F1, F2
holding BE Class A Common Stock 72,106 12 May 2024 By trusts F3
holding BE Class A Common Stock 537,487 12 May 2024 By trusts F4
holding BE Class A Common Stock 503,052 12 May 2024 By trusts F5

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 -80,000 -33% $0.000000 160,000 12 May 2024 Class A Common Stock 80,000 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.
F2 The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $11.28 to $12.28. 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 GRATs for which the Reporting Person is a trustee.
F4 Held by trusts for the benefit of the Reporting Person's children sharing the Reporting Person's household.
F5 Held by trusts for which the Reporting Person is a trustee.
F6 Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
F7 RSUs vest in equal annual installments over five years, with a vesting commencement date of May 12, 2021, in each case subject to the Reporting Person remaining a service provider on each applicable vesting date.