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