KR Sridhar - Nov 20, 2024 Form 4 Insider Report for Bloom Energy Corp (BE)

Role
Chairman & CEO, Director
Signature
/s/ Shawn M. Soderberg, as attorney-in-fact
Stock symbol
BE
Transactions as of
Nov 20, 2024
Transactions value $
-$3,001,458
Form type
4
Date filed
11/22/2024, 08:28 PM
Previous filing
Oct 4, 2024
Next filing
Dec 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Class A Common Stock Sale -$1.82M -72.9K -3.75% $25.02 1.87M Nov 20, 2024 Direct F1, F2
transaction BE Class A Common Stock Sale -$10K -400 -0.02% $25.00 1.87M Nov 21, 2024 Direct F1
transaction BE Class A Common Stock Sale -$1.17M -46.7K -2.5% $25.00 1.82M Nov 22, 2024 Direct F1
holding BE Class A Common Stock 872K Nov 20, 2024 By trusts F3, F4
holding BE Class A Common Stock 537K Nov 20, 2024 By trusts F5
holding BE Class A Common Stock 503K Nov 20, 2024 By trusts F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of shares effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 3, 2023.
F2 The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $25.00 to $25.11. 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 Reflects the transfer of 800,000 shares from the Reporting Person's direct holdings to Grantor Retained Annuity Trusts ("GRATs") for which the Reporting Person is a trustee. The transfer did not change the number of shares of Class A Common Stock beneficially owned by the Reporting Person.
F4 Held by GRATs for which the Reporting Person is a trustee.
F5 Held by trusts for which the Reporting Person is a trustee.