Form 4 for BE Bloom Energy Corp
Accepted 2022-02-17 00:00:00 ET · period of report 2022-02-15 · accession 0001664703-22-000023 · 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 | 2022-02-17 | 2022-02-15 | BE | Venkataraman Swaminathan | CTO, EVP of Engineering | M - OptEx | $0.00 | +35.0K | 119.6K | +41% | $0 |
| D | 2022-02-17 | 2022-02-16 | BE | Venkataraman Swaminathan | CTO, EVP of Engineering | S - Sale+OE | $19.64 | -13.8K | 127.9K | -10% | -$270.2K |
| DM | 2022-02-17 | 2022-02-15 | BE | Venkataraman Swaminathan | CTO, EVP of Engineering | M - OptEx | $0.00 | -35.0K | 22.1K | -61% | $0 |
| D | 2022-02-17 | 2022-02-16 | BE | Venkataraman Swaminathan | CTO, EVP of Engineering | A - Grant | $0.00 | +19.5K | 19.5K | New | $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 | 2022-02-15 | M | A | 22,050 | $0.00 | 141,620 | D | — | — | |
| 2 | Common | Class A Common Stock | 2022-02-15 | M | A | 12,992 | $0.00 | 119,570 | D | — | — | |
| 3 | Common | Class A Common Stock | 2022-02-16 | S | D | 13,758 | $19.64 | 127,862 | D | — | — | (F2) 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. |
| 4 | Derivative | Restricted Stock Units | 2022-02-15 | M | D | 12,992 | $0.00 | 25,986 | D | — · — to — | 12,992 Class A Common Stock | (F4) Each RSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement. (F5) This RSU award shall vest over three years, with a third of the RSUs vesting on the one-year anniversary of the vesting commencement date, which is February 15, 2021, and the remaining shares vesting quarterly in 1/12th installments over the next two years, subject to Reporting Person remaining a service provider on each applicable vesting date. |
| 5 | Derivative | Performance Stock Units | 2022-02-16 | A | A | 19,489 | $0.00 | 19,489 | D | — · — to — | 19,489 Class A Common Stock | (F6) Each PSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement. (F8) On February 11, 2021, the Reporting Person was granted a PSU award for a target number of 25,985 shares of 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 as determined by the Compensation Committee on February 16, 2022, which resulted in a payout of 75% of the target. The PSUs shall vest annually over three (3) years, with a third of the PSUs vesting on March 15, 2022, another third on March 15, 2023 and the remaining third on March 15, 2024, subject to Reporting Person remaining a service provider on each applicable vesting date. |
| 6 | Derivative | Performance Stock Units | 2022-02-15 | M | D | 22,050 | $0.00 | 22,050 | D | — · — to — | 22,050 Class A Common Stock | (F6) Each PSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement. (F7) On June 12, 2020, the Reporting Person was granted a PSU award for a target number of 45,000 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. |