0001209191-20-048472.txt : 20200826 0001209191-20-048472.hdr.sgml : 20200826 20200826203005 ACCESSION NUMBER: 0001209191-20-048472 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200824 FILED AS OF DATE: 20200826 DATE AS OF CHANGE: 20200826 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: 201138800 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 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 2020-08-24 0 0001664703 Bloom Energy Corp BE 0001746277 Sridhar KR 4353 NORTH FIRST STREET SAN JOSE CA 95134 1 1 0 0 President & CEO Class A Common Stock 2020-08-24 4 C 0 29987 0.00 A 509030 D Class A Common Stock 2020-08-24 4 C 0 332163 0.00 A 841193 D Class A Common Stock 2020-08-24 4 C 0 89149 0.00 A 930342 D Class A Common Stock 2020-08-25 4 S 0 488247 16.0223 D 442095 D Restricted Stock Unit (RSU) 2020-08-24 4 M 0 71000 0.00 D Class B Common Stock 71000 71000 D Class B Common Stock 2020-08-24 4 M 0 71000 0.00 A Class A Common Stock 71000 1105493 D Class B Common Stock 2020-08-24 4 C 0 29987 0.00 D Class A Common Stock 29987 1075506 D Restricted Stock Unit (RSU) 2020-08-24 4 M 0 620988 0.00 D Class B Common Stock 620988 620988 D Class B Common Stock 2020-08-24 4 M 0 620988 0.00 A Class A Common Stock 620988 1696494 D Class B Common Stock 2020-08-24 4 C 0 332163 0.00 D Class A Common Stock 332163 1364331 D Restricted Stock Unit (RSU) 2020-08-24 4 M 0 166667 0.00 D Class B Common Stock 166667 0 D Class B Common Stock 2020-08-24 4 M 0 166667 0.00 A Class A Common Stock 166667 1530998 D Class B Common Stock 2020-08-24 4 C 0 89149 0.00 D Class A Common Stock 89149 1441849 D Sales of shares to satisfy tax withholding obligations incurred upon settlement of Restricted Stock Units ("RSUs") that vested on August 24, 2020, the acquisition of which were previously reported on Table I and Table II. The shares were sold 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 $15.76 to $16.48. 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 RSU represents a contingent right to receive one (1) share of the Issuer's Class B Common Stock upon settlement. This RSU award vested as to 1/3 of the RSUs on January 25, 2019; vested as to 1/3 of the RSUs on the January 25, 2020; and will vest as to 1/3 on January 25, 2021. Settlement of the vested RSUs reported on this Form 4 was deferred to August 24, 2020 at the election of the Reporting Person. The Class B Common Stock is convertible into the Issuer's Class A Common Stock on a 1-for-1 basis (a) at the holder's option; or (b) upon any transfer except certain permitted transfers. All the outstanding shares of Class B Common Stock will convert automatically into shares of Class A common stock upon the date that is the earliest to occur of (i) immediately prior to the close of business on the fifth anniversary of July 27, 2018, (ii) immediately prior to the close of business on the date on which the outstanding shares of Class B Common Stock represent less than five percent (5%) of the aggregate number of shares of Class A Common Stock and Class B Common Stock then outstanding, (iii) the date and time, or the occurrence of an event, specified in a written conversion election delivered by KR Sridhar to the Secretary of the Issuer or Chairman of the Issuer's Board to so convert all shares of Class B Common Stock, or (iv) immediately following the date of the death of KR Sridhar. Includes 98,405 shares transferred from the Reporting Holder's Grantor Retained Annuity Trusts. This RSU award vests in equal installments every six months over two years from July 25, 2018, the date of grant. Settlement of the vested RSUs reported on this Form 4 was deferred to August 24, 2020 at the election of the Reporting Person. This RSU award vests as to 1/2 of the RSUs on January 25, 2019 and 1/2 of the RSUs on January 25, 2020. Settlement of the vested RSUs reported on this Form 4 was deferred to August 24, 2020 at the election of the Reporting Person. This RSU award is fully vested. /s/ Shawn Soderberg, attorney-in-fact 2020-08-26