0001209191-21-025969.txt : 20210407
0001209191-21-025969.hdr.sgml : 20210407
20210407184531
ACCESSION NUMBER: 0001209191-21-025969
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210405
FILED AS OF DATE: 20210407
DATE AS OF CHANGE: 20210407
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: 21813370
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
2021-04-05
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
2021-04-06
4
C
0
37884
0.00
A
519767
D
Class A Common Stock
2021-04-06
4
S
0
45256
25.7358
D
474511
D
Restricted Stock Units (Class B Common Stock)
2021-04-05
4
M
0
71000
0.00
D
Class B Common Stock
71000
71000
D
Class B Common Stock
2021-04-05
4
M
0
71000
0.00
A
Class A Common Stock
71000
0
D
Class B Common Stock
2021-04-06
4
C
0
37884
0.00
D
Class A Common Stock
37884
1495749
D
Conversion of derivative security in accordance with its terms.
Sale of shares to cover tax withholding obligation incurred upon settlement of Restricted Stock Units (the "RSUs") that settled on April 5, 2021.
The price reported is a weighted average price. These shares were sold in multiple transactions ranging from $25.50 to $25.96, inclusive. The reporting person undertakes to provide Bloom Energy Corporation, any security holder of Bloom Energy Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
Each of the RSUs represents a contingent right to receive one (1) share of the Issuers Class B Common Stock upon settlement.
The RSUs vest 34% on January 25, 2019; 33% on the January 25, 2020; and 33% on January 25, 2021. Settlement of the vested RSUs reported on this Form 4 was deferred to April 5, 2021 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.
/s/ Shawn Soderberg, as Attorney-in-Fact
2021-04-07