0000899243-23-009004.txt : 20230317
0000899243-23-009004.hdr.sgml : 20230317
20230317203204
ACCESSION NUMBER: 0000899243-23-009004
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230315
FILED AS OF DATE: 20230317
DATE AS OF CHANGE: 20230317
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: 23744667
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
2023-03-15
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
2023-03-15
4
A
0
302550
0.00
A
840658
D
Class A Common Stock
2023-03-16
4
S
0
11476
18.02
D
829182
D
Class A Common Stock
2023-03-16
4
S
0
166310
18.06
D
662872
D
On May 12, 2021, the Reporting Person was granted a performance stock unit ("PSU") award for a target number of 600,000 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 for one-quarter of the shares as determined by the Compensation Committee on March 15, 2023, which resulted in a payout of 2.017 times the target. The PSUs vested immediately upon such determination by the Compensation Committee. As a condition to settlement of the PSUs, the Reporting Person has agreed to hold such shares (net of any sales to cover tax withholding obligation) until the earlier of March 15, 2025 and the Reporting Person's termination of service to the Issuer.
Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units 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 $17.68 to $18.37. 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.
Sale of shares to cover tax withholding obligation incurred upon settlement of PSUs.
The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $17.67 to $18.38. 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.
/s/ Shawn M. Soderberg, as attorney-in-fact
2023-03-17