SK ecoplant Co., Ltd. - Mar 20, 2023 Form 4 Insider Report for Bloom Energy Corp (BE)

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	Stock Options (Right to Buy)	Other	-$311M	-13.5M	-100%	$23.05	0	Mar 20, 2023	Class A Common Stock	13.5M	$0.00	Held by Econovation, LLC	F1, F2, F3
transaction	BE	Stock Options (Right to Buy)	Other	$311M	+13.5M		$23.05	13.5M	Mar 20, 2023	Series B Redeemable Convertible Stock	13.5M	$0.00	Held by Econovation, LLC	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	On August 10, 2022, SK ecoplant Co., Ltd. ("SK") delivered a notice to Bloom Energy Corporation ("Bloom") to purchase 13,491,701 shares of Bloom in connection with its option to purchase shares of Bloom's Class A Common Stock.
F2	On February 27, 2023, SK, Econovation, LLC ("Econovation") and Bloom entered into an Early Close Agreement, whereby SK effectively assigned its right to purchase shares of Bloom's stock, such that upon SK's exercise of its purchase right, Bloom would issue such shares to Econovation. On March 20, 2023, SK and Bloom amended SK's purchase right to give SK the right to purchase the same number of shares of Bloom's Series B Redeemable Convertible Preferred Stock at the same price. The Series B Redeemable Convertible Preferred Stock may be converted into Class A Common Stock at any time prior to, but no later than, the date six months after issuance.
F3	Represents indirect ownership of 13,491,701 shares of Series B Redeemable Convertible Preferred Stock of Bloom via Econovation, of which SK is Econovation's managing member.