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