0000950170-24-033895.txt : 20240319
0000950170-24-033895.hdr.sgml : 20240319
20240319205152
ACCESSION NUMBER: 0000950170-24-033895
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240301
FILED AS OF DATE: 20240319
DATE AS OF CHANGE: 20240319
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SODERBERG SHAWN MARIE
CENTRAL INDEX KEY: 0001591851
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38598
FILM NUMBER: 24765999
MAIL ADDRESS:
STREET 1: 1000 ALFRED NOBEL DRIVE
CITY: HERCULES
STATE: CA
ZIP: 94547
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Bloom Energy Corp
CENTRAL INDEX KEY: 0001664703
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620]
ORGANIZATION NAME: 04 Manufacturing
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
ownership.xml
4
X0508
4
2024-03-01
0001664703
Bloom Energy Corp
BE
0001591851
SODERBERG SHAWN MARIE
4353 NORTH FIRST STREET
SAN JOSE
CA
95134
false
true
false
false
See Remarks
false
Class A Common Stock
2024-03-01
4
A
false
75000
0.00
A
148946
D
Class A Common Stock
2024-03-15
4
M
false
6063
0.00
A
155009
D
Class A Common Stock
2024-03-18
4
S
false
2160
9.31
D
152849
D
Class A Common Stock
396731
I
By trust
Performance Stock Units
2024-03-15
4
M
false
6063
0.00
D
Class A Common Stock
6063
0
D
Restricted stock units ("RSUs") granted under the Bloom Energy Corporation 2018 Equity Incentive Plan. 40% of the RSUs will vest on February 15, 2025, and the remaining will vest in equal quarterly installments for the following two years, subject to Reporting Person remaining a service provider on each applicable vesting date.
Sale of shares to cover tax withholding obligation incurred upon settlement of performance stock units ("PSUs") effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 24, 2023.
The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $9.17 to $9.51. 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.
Held by The Shawn M. Soderberg 2005 Trust, of which the Reporting Person is the trustee.
Each PSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
On February 16, 2022, 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 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.
Chief Legal Officer and Corporate Secretary
/s/ Shawn M. Soderberg
2024-03-19