KR Sridhar - May 12, 2021 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: May 12, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/14/2021, 06:29 PM
Previous filing: May 12, 2021
Next filing: May 19, 2021

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	Award	$0	+400K		$0.00	400K	May 12, 2021	Class A Common Stock	400K		Direct	F1, F2
transaction	BE	Performance Stock Units	Award	$0	+250K		$0.00	250K	May 12, 2021	Class A Common Stock	250K		Direct	F3, F4
transaction	BE	Performance Stock Units	Award	$0	+250K		$0.00	250K	May 12, 2021	Class A Common Stock	250K		Direct	F3, F5
transaction	BE	Performance Stock Units	Award	$0	+250K		$0.00	250K	May 12, 2021	Class A Common Stock	250K		Direct	F3, F6
transaction	BE	Performance Stock Units	Award	$0	+250K		$0.00	250K	May 12, 2021	Class A Common Stock	250K		Direct	F3, F7

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit (the "RSU") represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
F2	RSUs will 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.
F3	Each performance stock unit ("PSU") represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
F4	On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs are eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the sixth anniversary of the grant date, subject to the Reporting Person remaining a service provider on the applicable vesting date. In addition, vesting of the PSUs is contingent upon the Reporting Person remaining employed through the second anniversary of the grant date.
F5	On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs are eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the seventh anniversary of the grant date, subject to the Reporting Person remaining a service provider on each applicable vesting date. In addition, vesting of the PSUs is contingent upon the Reporting Person remaining employed through the third anniversary of the grant date.
F6	On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs are eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the eighth anniversary of the grant date, subject to the Reporting Person remaining a service provider on each applicable vesting date. In addition, vesting of the PSUs is contingent upon the Reporting Person remaining employed through the fourth anniversary of the grant date.
F7	On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs are eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the ninth anniversary of the grant date, subject to the Reporting Person remaining a service provider on each applicable vesting date. In addition, vesting of the PSUs is contingent upon the Reporting Person remaining employed through the fifth anniversary of the grant date.