0001209191-20-065761.txt : 20201231
0001209191-20-065761.hdr.sgml : 20201231
20201231181328
ACCESSION NUMBER: 0001209191-20-065761
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20201230
FILED AS OF DATE: 20201231
DATE AS OF CHANGE: 20201231
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: White Christopher
CENTRAL INDEX KEY: 0001780654
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38598
FILM NUMBER: 201429637
MAIL ADDRESS:
STREET 1: 4353 NORTH FIRST STREET
CITY: SAN JOSE
STATE: CA
ZIP: 95134
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
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
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-12-30
0
0001664703
Bloom Energy Corp
BE
0001780654
White Christopher
4353 NORTH FIRST STREET
SAN JOSE
CA
95134
0
1
0
0
EVP Global Sales
Class A Common Stock
2020-12-30
4
M
0
79687
11.64
A
374465
D
Class A Common Stock
2020-12-30
4
M
0
18666
5.50
A
393131
D
Class A Common Stock
2020-12-30
4
S
0
154183
28.2626
D
238948
D
Stock Option (Right to Buy Class A Common Stock)
11.64
2020-12-30
4
M
0
79687
0.00
D
2029-06-27
Class A Common Stock
79687
145313
D
Stock Option (Right to Buy Class A Common Stock)
5.50
2020-12-30
4
M
0
18666
0.00
D
2029-11-11
Class A Common Stock
18666
37334
D
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. These shares were sold in multiple transactions at prices ranging from $27.13 to $28.84 per share. Upon request by the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
The stock option vested as to 25% of the underlying shares on June 17, 2020, and the remainder will vest as to 1/36th monthly for the next three years, subject to the continuous service of the Reporting Person to the Issuer through each vesting date.
If the Company's stock price reaches $8 (calculated based on a 30-day average) on or before 11/22/2020, 1/3 of the options vest on 11/11/2020. If the stock price reaches $8 after 11/11/2020 but before 11/11/2024, 1/3 of the Options vest on the date the share price reaches $8. If the stock price reaches $11 on or before 11/11/2021, 1/3 of the options vest on 11/11/2021. If the stock price reaches $11 after 11/11/2021 but before 11/11/2024, 1/3 of the options vest on the date the share price reaches $11. If the stock price reaches $14 on or before 11/11/2022, 1/3 of the options vest on 11/11/2022. If the stock price reaches $14 by 11/11/2022 but before 11/11/2024, 1/3 of the options vest on the date the price reaches $14. If the stock price does not reach $14 by 11/11/2024, 1/3 of the options shall be canceled. Any stock options that have not vested by 11/11/2024 shall be canceled.
/s/ Shawn Soderberg, as attorney-in-fact
2020-12-31