0001209191-21-005782.txt : 20210127
0001209191-21-005782.hdr.sgml : 20210127
20210127203030
ACCESSION NUMBER: 0001209191-21-005782
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210125
FILED AS OF DATE: 20210127
DATE AS OF CHANGE: 20210127
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Venkataraman Swaminathan
CENTRAL INDEX KEY: 0001746127
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38598
FILM NUMBER: 21561647
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
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
2021-01-25
0
0001664703
Bloom Energy Corp
BE
0001746127
Venkataraman Swaminathan
4353 NORTH FIRST STREET
SAN JOSE
CA
95134
0
1
0
0
EVP & CTO
Class A Common Stock
2021-01-26
4
C
0
8888
0.00
A
152334
D
Class A Common Stock
2021-01-26
4
C
0
14538
0.00
A
166872
D
Class A Common Stock
2021-01-26
4
S
0
11499
38.9197
D
155373
D
Class A Common Stock
2021-01-27
4
S
0
11927
39.4673
D
143446
D
Restricted Stock Units
2021-01-25
4
M
0
8888
0.00
D
Class B Common Stock
8888
0
D
Class B Common Stock
2021-01-25
4
M
0
8888
0.00
A
Class A Common Stock
8888
8888
D
Restricted Stock Units
2021-01-25
4
M
0
14538
0.00
D
Class B Common Stock
14538
0
D
Class B Common Stock
2021-01-25
4
M
0
14538
0.00
A
Class A Common Stock
14538
23426
D
Class B Common Stock
2021-01-26
4
C
0
8888
0.00
D
Class A Common Stock
8888
14538
D
Class B Common Stock
2021-01-26
4
C
0
14538
0.00
D
Class A Common Stock
14538
0
D
Sale of shares to cover taxes incurred upon vesting of restricted stock units (the "RSUs"), in accordance with 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 $38.08 to $39.8097 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.
Sale of shares were effected pursuant to a Rule 10b5-1 trading plan 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 $37.33 to $41.45 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.
Each RSU represents a contingent right to receive one (1) share of Class B Common Stock of the Issuer upon settlement.
The RSUs vested 34% on January 25, 2019 and the remaining RSUs vested in two equal installments on each of January 25, 2020 and January 25, 2021.
The Class B Common Stock is convertible into Class A Common Stock of the the Issuer 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 5th 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 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 Board of the Issuer to so convert all shares of Class B Common Stock, or (iv) immediately following the date of the death of KR Sridhar.
The RSUs vested 34% on January 25, 2019 and the remaining RSUs vested in two equal installments on each of January 25, 2020 and January 25, 2021.
/s/ Shawn Soderberg, as attorney-in-fact
2021-01-27