0000950170-24-035549.txt : 20240322
0000950170-24-035549.hdr.sgml : 20240322
20240322183139
ACCESSION NUMBER: 0000950170-24-035549
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231231
FILED AS OF DATE: 20240322
DATE AS OF CHANGE: 20240322
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sridhar KR
CENTRAL INDEX KEY: 0001746277
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38598
FILM NUMBER: 24776567
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]
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
2023-12-31
0001664703
Bloom Energy Corp
BE
0001746277
Sridhar KR
4353 NORTH FIRST STREET
SAN JOSE
CA
95134
true
true
false
false
Chairman & CEO
false
Class A Common Stock
2024-03-15
4
A
false
101445
0.00
A
2753354
D
Class A Common Stock
2024-03-18
4
S
false
50746
9.74
D
2702608
D
Class A Common Stock
72106
I
By trusts
Class A Common Stock
537487
I
By trusts
Class A Common Stock
503052
I
By trusts
On May 12, 2021, the Reporting Person was granted a performance stock unit ("PSU") award for a target number of 600,000 shares of the Issuer's Class A Common Stock, par value $0.0001 per share (the "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 for one-quarter of the shares as determined by the Compensation Committee on March 15, 2024, which resulted in a payout of 0.6763 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, 2026 and the Reporting Person's termination of service to the Issuer.
Includes shares of Class A Common Stock received upon the automatic conversion of the Issuer's Class B Common Stock, par value $0.0001 per share (the "Class B Common Stock") pursuant to the Issuer's Restated Certificate of Incorporation.
Sale of shares to cover tax withholding obligation incurred upon settlement of PSUs 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 $9.69 to $9.84. 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.
Reflects a transaction in which a GRAT for which the Reporting Person is a trustee transferred shares of Class A Common Stock to a trust for the benefit of the Reporting Person's children sharing the Reporting Person's household in connection with the termination of the GRAT pursuant to its terms. This transaction did not change the number of shares of Class A Common Stock indirectly beneficially owned by the Reporting Person.
Held by GRATs for which the Reporting Person is a trustee.
Held by trusts for the benefit of the Reporting Person's children sharing the Reporting Person's household.
Held by trusts for which the Reporting Person is a trustee.
/s/ Shawn M. Soderberg, as attorney-in-fact
2024-03-22