KR Sridhar - Dec 18, 2024 Form 4 Insider Report for Bloom Energy Corp (BE)

Role: Chairman & CEO, Director
Signature: /s/ Shawn M. Soderberg, as attorney-in-fact
Stock symbol: BE
Transactions as of: Dec 18, 2024
Transactions value $: $0
Form type: 4
Date filed: 12/20/2024, 05:32 PM
Previous filing: Nov 22, 2024
Next filing: Dec 26, 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BE	Class A Common Stock	Award	$0	+500K	+27.43%	$0.00	2.32M	Dec 18, 2024	Direct	F1
transaction	BE	Class A Common Stock	Award	$0	+300K	+12.92%	$0.00	2.62M	Dec 18, 2024	Direct	F2
holding	BE	Class A Common Stock						872K	Dec 18, 2024	By trusts
holding	BE	Class A Common Stock						537K	Dec 18, 2024	By trusts
holding	BE	Class A Common Stock						503K	Dec 18, 2024	By trusts

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	BE	Performance Stock Units	Disposed to Issuer		-250K	-100%		0	Dec 18, 2024	Class A Common Stock	250K		Direct	F3, F4, F5
transaction	BE	Performance Stock Units	Disposed to Issuer		-250K	-100%		0	Dec 18, 2024	Class A Common Stock	250K		Direct	F3, F5, F6
transaction	BE	Performance Stock Units	Disposed to Issuer		-250K	-100%		0	Dec 18, 2024	Class A Common Stock	250K		Direct	F3, F5, F7
transaction	BE	Performance Stock Units	Disposed to Issuer		-250K	-100%		0	Dec 18, 2024	Class A Common Stock	250K		Direct	F3, F5, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On December 18, 2024, the Reporting Person was granted restricted stock units ("RSUs") under the Issuer's 2018 Equity Incentive Plan (the "Plan"). The RSUs will vest in three equal annual installments over a three-year period, subject to Reporting Person's continued service to the Issuer on each applicable vesting date.
F2	On December 18, 2024, the Reporting Person was granted performance stock units ("PSUs") under the Plan. The PSUs are fully vested and will be delivered to the Reporting Person on the fifth anniversary of the first day of the calendar year to which the deferral relates, pursuant to the terms of the Issuer's 2021 Deferred Compensation Plan.
F3	Each PSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
F4	On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs were eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the sixth anniversary of the grant date, subject to the Reporting Person remaining a service provider on the applicable vesting date. In addition, vesting of the PSUs was contingent upon the Reporting Person remaining employed through the second anniversary of the grant date.
F5	The PSUs were canceled by mutual agreement of the Reporting Person and the Issuer's Board of Directors. The Reporting Person received certain equity awards reported in the Issuer's Current Report on Form 8-K filed on December 20, 2024 as consideration for the cancellation.
F6	On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs were eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the seventh anniversary of the grant date, subject to the Reporting Person remaining a service provider on each applicable vesting date. In addition, vesting of the PSUs was contingent upon the Reporting Person remaining employed through the third anniversary of the grant date.
F7	On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs were eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the eighth anniversary of the grant date, subject to the Reporting Person remaining a service provider on each applicable vesting date. In addition, vesting of the PSUs was contingent upon the Reporting Person remaining employed through the fourth anniversary of the grant date.
F8	On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs were eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the ninth anniversary of the grant date, subject to the Reporting Person remaining a service provider on each applicable vesting date. In addition, vesting of the PSUs was contingent upon the Reporting Person remaining employed through the fifth anniversary of the grant date.