Form 4 for BE Bloom Energy Corp
Accepted 2023-02-17 00:00:00 ET · period of report 2023-02-15 · accession 0000899243-23-005542 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-02-17 | 2023-02-15 | BE | Griffiths Glen | EVP, Services, Quality, EHS | M - OptEx | $0.00 | +16.6K | 371.2K | +5% | $0 |
| D | 2023-02-17 | 2023-02-16 | BE | Griffiths Glen | EVP, Services, Quality, EHS | S - Sale+OE | $23.61 | -5,955 | 399.8K | -1% | -$140.6K |
| D | 2023-02-17 | 2023-02-15 | BE | Griffiths Glen | EVP, Services, Quality, EHS | A - Grant | $0.00 | +34.6K | 405.7K | +9% | $0 |
| DM | 2023-02-17 | 2023-02-15 | BE | Griffiths Glen | EVP, Services, Quality, EHS | M - OptEx | $0.00 | -16.6K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-02-15 | M | A | 1,935 | $0.00 | 356,454 | D | — | — | (F1) Includes 1,255 shares that were acquired under the Bloom Energy Corporation Employee Stock Purchase Plan. |
| 2 | Common | Class A Common Stock | 2023-02-16 | S | D | 5,955 | $23.61 | 399,787 | D | — | — | (F4) The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $23.50 to $23.76. 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. |
| 3 | Common | Class A Common Stock | 2023-02-15 | A | A | 34,588 | $0.00 | 405,742 | D | — | — | |
| 4 | Common | Class A Common Stock | 2023-02-15 | M | A | 14,700 | $0.00 | 371,154 | D | — | — | |
| 5 | Derivative | Restricted Stock Units | 2023-02-15 | M | D | 1,935 | $0.00 | 0 | D | — · — to — | 1,935 Class A Common Stock | (F5) Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement. (F6) The RSUs vest as to 25% of the shares on the one-year anniversary of February 15, 2019 and the remaining shares shall vest in equal quarterly increments from such one-year anniversary over the next three years, subject to the Reporting Person's continued service with the Issuer through each vesting date. |
| 6 | Derivative | Performance Stock Units | 2023-02-15 | M | D | 14,700 | $0.00 | 0 | D | — · — to — | 14,700 Class A Common Stock | (F7) Each PSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement. (F8) On June 12, 2020, the Reporting Person was granted a PSU award for a target number of 30,000 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 PSU 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. |