Shawn M. Soderberg - 15 Apr 2022 Form 4 Insider Report for Bloom Energy Corp (BE)

Role
EVP, GC & Secretary
Signature
/s/ Shawn M. Soderberg
Issuer symbol
BE
Transactions as of
15 Apr 2022
Net transactions value
-$167,213
Form type
4
Filing time
19 Apr 2022, 19:28:16 UTC
Previous filing
17 Mar 2022
Next filing
20 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Class A Common Stock Options Exercise $0 +15,000 +4.3% $0.000000 364,603 15 Apr 2022 Direct F1
transaction BE Class A Common Stock Sale $167,213 -7,519 -2.1% $22.24 357,084 18 Apr 2022 Direct F2, 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 Restricted Stock Units Options Exercise $0 -15,000 -30% $0.000000 35,000 15 Apr 2022 Class A Common Stock 15,000 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,258 shares that were acquired under the Bloom Energy Corporation Employee Stock Purchase Plan.
F2 Sale of shares to cover tax withholding obligation incurred upon settlement of the restricted stock units ("RSUs").
F3 The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $21.97 to $22.47. 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.
F4 Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
F5 On April 15, 2021, the Reporting Person was granted an RSU award for 50,000 shares of Class A Common Stock. The RSUs vest over three years such that 15,000 shares vested on April 15, 2022, 15,000 shares will vest on April 15, 2023, and 20,000 shares will vest on April 15, 2024, subject to the Reporting Person's continued service to the Issuer through each applicable vesting date.