SK ecoplant Co., Ltd. - 23 Mar 2023 Form 4 Insider Report for Bloom Energy Corp (BE)

Role
10%+ Owner
Signature
/s/ Seongjun Bae, Director
Issuer symbol
BE
Transactions as of
23 Mar 2023
Net transactions value
+$310,983,708
Form type
4
Filing time
27 Mar 2023, 16:08:42 UTC
Previous filing
22 Mar 2023
Next filing
28 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Series B Redeemable Convertible Preferred Stock Conversion of derivative security $310,983,708 +13,491,701 $23.05 13,491,701 23 Mar 2023 Held by Econovation, LLC F1, F2

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) Conversion of derivative security $0 -13,491,701 -100% $0.000000* 0 23 Mar 2023 Series B Redeemable Convertible Stock 13,491,701 $0.000000 Held by Econovation, LLC F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the exercise by SK ecoplant Co., Ltd. of its right to purchase 13,194,701 shares of Series B Redeemable Convertible Preferred Stock of Bloom Energy Corporation. 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.
F2 Represents indirect ownership via Econonvation, LLC, of which SK ecoplant Co., Ltd. is Econovation, LLC's managing member.