0001664703-22-000019.txt : 20220217
0001664703-22-000019.hdr.sgml : 20220217
20220217203356
ACCESSION NUMBER: 0001664703-22-000019
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220215
FILED AS OF DATE: 20220217
DATE AS OF CHANGE: 20220217
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: 22650495
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
wf-form4_164514801565280.xml
FORM 4
X0306
4
2022-02-15
0
0001664703
Bloom Energy Corp
BE
0001746277
Sridhar KR
4353 NORTH FIRST STREET
SAN JOSE
CA
95134
1
1
0
0
Chairman & CEO
Class A Common Stock
2022-02-15
4
M
0
122499
0
A
508763
D
Class A Common Stock
2022-02-16
4
S
0
65065
19.6423
D
443698
D
Performance Stock Units
2022-02-15
4
M
0
122499
0
D
Class A Common Stock
122499.0
122499
D
Restricted Stock Units
2022-02-16
4
A
0
50608
0
A
Class A Common Stock
50608.0
50608
D
Sale of shares to cover tax withholding obligation incurred upon settlement of the restricted stock units ("RSUs") and performance-based stock units ("PSUs") effected 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 $19.25 to $20.07. 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 PSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
On July 2, 2020, the Reporting Person was granted a PSU award for a target number of 250,000 shares of Class A common stock, subject to the achievement of certain financial performance criteria during the performance period. The Reporting Person fully met the performance criteria as determined by the Compensation Committee on February 11, 2021, which resulted in a payout of 1.47 times the target. The PSUs shall vest annually over three (3) years, with a third of the PSUs vesting on February 15, 2021, another third on February 15, 2022 and the remaining third on February 15, 2023, subject to Reporting Person remaining a service provider on each applicable vesting date.
Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
This RSU award shall vest in full on the one year anniversary of the grant date, which was February 16, 2022.
/s/ Shawn M. Soderberg, as attorney-in-fact
2022-02-17