Shawn M. Soderberg - Feb 14, 2025 Form 4 Insider Report for Bloom Energy Corp (BE)

Signature
/s/ Shawn M. Soderberg
Stock symbol
BE
Transactions as of
Feb 14, 2025
Transactions value $
-$427,869
Form type
4
Date filed
2/19/2025, 05:27 PM
Previous filing
Jan 17, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Class A Common Stock Sale -$265K -10.5K -6.08% $25.31 162K Feb 14, 2025 Direct F1, F2, F3
transaction BE Class A Common Stock Sale -$162K -6.34K -3.91% $25.63 156K Feb 18, 2025 Direct F4, F5
holding BE Class A Common Stock 397K Feb 14, 2025 By trust F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units ("RSUs").
F2 The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $24.80 to $25.53. 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.
F3 Includes an aggregate of 1,455 shares acquired by the Reporting Person under the Issuer's Amended and Restated 2018 Employee Stock Purchase Plan on February 14, 2024.
F4 Sale of shares to cover tax withholding obligation incurred upon settlement of RSUs and/or performance stock units effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 29, 2024.
F5 The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $24.97 to $26.01. 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.
F6 Held by The Shawn M. Soderberg 2005 Trust, of which the Reporting Person is the trustee.

Remarks:

Chief Legal Officer and Corporate Secretary