0000899243-23-005534.txt : 20230217 0000899243-23-005534.hdr.sgml : 20230217 20230217190651 ACCESSION NUMBER: 0000899243-23-005534 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230215 FILED AS OF DATE: 20230217 DATE AS OF CHANGE: 20230217 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Sridhar KR CENTRAL INDEX KEY: 0001746277 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38598 FILM NUMBER: 23644669 MAIL ADDRESS: STREET 1: 1299 ORLEANS DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94089 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Bloom Energy Corp CENTRAL INDEX KEY: 0001664703 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] IRS NUMBER: 770565408 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 4353 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: 408-543-1500 MAIL ADDRESS: STREET 1: 4353 NORTH FIRST STREET CITY: SAN JOSE STATE: CA ZIP: 95134 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2023-02-15 0 0001664703 Bloom Energy Corp BE 0001746277 Sridhar KR 4353 NORTH FIRST STREET SAN JOSE CA 95134 1 1 0 0 Chairman & CEO Class A Common Stock 2023-02-15 4 M 0 122499 0.00 A 585852 D Class A Common Stock 2023-02-16 4 M 0 50608 0.00 A 636460 D Class A Common Stock 2023-02-16 4 S 0 7487 23.61 D 628973 D Class A Common Stock 2023-02-17 4 S 0 27088 22.91 D 601885 D Performance Stock Units 2023-02-15 4 M 0 122499 0.00 D Class A Common Stock 122499 0 D Restricted Stock Units 2023-02-16 4 M 0 50608 0.00 D Class A Common Stock 50608 0 D Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units ("RSUs") effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $23.37 to $23.85. 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. The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $22.76 to $23.07. 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. Each of the performance stock units ("PSUs") represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement. On July 2, 2020, the Reporting Person was granted a PSU award for a target number of 250,000 shares of Class A common stock, subject to the achievement of certain financial performance criteria during the performance period. The Reporting Person fully met the performance criteria as determined by the Compensation Committee on February 11, 2021, which resulted in a payout of 1.47 times the target. The PSUs shall vest annually over three (3) years, with a third of the PSUs vesting on February 15, 2021, another third on February 15, 2022 and the remaining third on February 15, 2023, subject to Reporting Person remaining a service provider on each applicable vesting date. Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement. This RSU award vested in full on the one year anniversary of the grant date, which was February 16, 2022. /s/ Shawn M. Soderberg, as attorney-in-fact 2023-02-17