KR Sridhar - Mar 5, 2024 Form 4 Insider Report for Bloom Energy Corp (BE)

Signature
/s/ Shawn M. Soderberg, as attorney-in-fact
Stock symbol
BE
Transactions as of
Mar 5, 2024
Transactions value $
$819,835
Form type
4
Date filed
3/7/2025, 07:55 PM
Previous filing
Mar 22, 2024
Next filing
May 14, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BE Class A Common Stock Award $0 +75K +2.83% $0.00 2.72M Mar 5, 2025 Direct F1
transaction BE Class A Common Stock Sale $820K +35.6K +1.34% $23.00 2.69M Mar 7, 2025 Direct F2, F3
holding BE Class A Common Stock 800K Mar 5, 2024 By trusts
holding BE Class A Common Stock 584K Mar 5, 2024 By trusts
holding BE Class A Common Stock 503K Mar 5, 2024 By trusts
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 12, 2021, the Reporting Person was granted a performance stock unit ("PSU") award for a target number of 600,000 shares of the Issuer's Class A Common Stock, par value $0.0001 per share (the "Class A Common Stock"), subject to the achievement of certain financial performance criteria during the performance period. The Reporting Person partially met the performance criteria for one-quarter of the shares as determined by the Compensation Committee on March 5, 2025, which resulted in a payout of 0.5 times the target. The PSUs vested immediately upon such determination by the Compensation Committee. As a condition to settlement of the PSUs, the Reporting Person has agreed to hold such shares (net of any sales to cover tax withholding obligation) until the earlier of March 15, 2026 and the Reporting Person's termination of service to the Issuer.
F2 Sale of shares to cover tax withholding obligation incurred upon settlement of PSUs.
F3 The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $22.88 to $23.19. 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.