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