Swaminathan Venkataraman - Dec 16, 2021 Form 4 Insider Report for Bloom Energy Corp (BE)

Role: EVP of Engineering & CTO
Signature: /s/ Shawn M. Soderberg, as attorney-in-fact
Stock symbol: BE
Transactions as of: Dec 16, 2021
Transactions value $: -$95,656
Form type: 4
Date filed: 12/20/2021, 08:09 PM
Previous filing: Nov 17, 2021
Next filing: Feb 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BE	Class A Common Stock	Sale	-$95.7K	-4.17K	-4%	$22.96	99.9K	Dec 16, 2021	Direct	F1, F2
transaction	BE	Class A Common Stock	Options Exercise	$0	+6.67K	+6.67%	$0.00	107K	Dec 16, 2021	Direct
holding	BE	Class A Common Stock						36.6K	Dec 16, 2021	By trust	F3

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 Option (Right to Buy Class B Common Stock)	Options Exercise	$0	-6.67K	-7.5%	$0.00	82.2K	Dec 16, 2021	Class B Common Stock	6.67K	$15.00	Direct	F4
transaction	BE	Class B Common Stock	Conversion of derivative security	$0	+6.67K		$0.00^*	0	Dec 16, 2021	Class A Common Stock	6.67K		Direct	F5

* 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 the restricted stock units 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 $22.79 to $23.03. 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 The Venkataraman Living Trust UTA dtd 6/8/2011, of which the Reporting Person is a trustee.
F4	The option vests in three equal annual installments commencing on the second-year anniversary of July 24, 2018, followed by the third and fourth anniversaries, so that the entire grant is full vested on the 4th year anniversary of July 24, 2018, subject to the Reporting Person's continued service through each vesting date.
F5	The Class B Common Stock is convertible into Class A Common Stock on a 1-for-1 basis (a) at the option of the holder; or (b) upon any transfer except certain permitted transfers. All the outstanding shares of Class B Common Stock will convert automatically into shares of Class A Common Stock upon the date that is the earliest to occur of (i) immediately prior to the close of business on the 5th anniversary of July 27, 2018, (ii) immediately prior to the close of business on the date on which the outstanding shares of Class B Common Stock represent less than 5% of the aggregate number of shares of Class A Common Stock and Class B Common Stock then outstanding, (iii) the date and time, or the occurrence of an event, specified in a written conversion election delivered by KR Sridhar to the Secretary or Chairman of the Board of the Issuer to so convert all shares of Class B Common Stock, or (iv) immediately following the date of the death of KR Sridhar.