Swaminathan Venkataraman - Mar 15, 2022 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: Mar 15, 2022
Transactions value $: -$149,957
Form type: 4
Date filed: 3/18/2022, 07:49 PM
Previous 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	Options Exercise	$0	+6.5K	+5.08%	$0.00	134K	Mar 15, 2022	Direct
transaction	BE	Class A Common Stock	Sale	-$94K	-4.39K	-3.27%	$21.39	130K	Mar 16, 2022	Direct	F1, F2
transaction	BE	Class A Common Stock	Sale	-$56K	-2.34K	-1.8%	$23.94	128K	Mar 18, 2022	Direct	F3, F4
holding	BE	Class A Common Stock						36.6K	Mar 15, 2022	By trust	F5

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	Performance Stock Units	Options Exercise	$0	-6.5K	-33.33%	$0.00	13K	Mar 15, 2022	Class A Common Stock	6.5K		Direct	F6, F7

* 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 .
F2	The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $20.96 to $21.80. 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	Sale of shares to cover tax withholding obligation incurred upon settlement of the performance stock units (the "PSUs").
F4	The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $23.8669 to $23.95. 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.
F5	Held by The Venkataraman Living Trust UTA dtd 6/8/2011, of which the Reporting Person is a trustee.
F6	Each PSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
F7	On February 11, 2021, the Reporting Person was granted a PSU award for a target number of 24,253 shares of Class A common stock, subject to the achievement of certain financial performance criteria during the performance period. The Reporting Person partially met the performance criteria as determined by the Compensation Committee on February 16, 2022, which resulted in a payout of 75% of the target. The PSUs shall vest annually over three (3) years, with a third of the PSUs vesting on March 15, 2022, another third on March 15, 2023 and the remaining third on March 15, 2024, subject to Reporting Person remaining a service provider on each applicable vesting date.