Bloom Energy Corp — Director's Dealing 2023

Oct 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bloom Energy Corp (BE)
CIK: 0001664703
Period of Report: 2023-07-27

Reporting Person: SODERBERG SHAWN MARIE (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-15	Class A Common Stock	M	4118	$0.00	Acquired	82647	Direct
2023-10-16	Class A Common Stock	S	1996	$11.73	Disposed	80651	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-23	Stock Option (Right to Buy Class B Common Stock)	$30.96	J	20000	Disposed	2026-10-02	Class B Common Stock (20000)	Direct
2023-07-26	Stock Option (Right to Buy)	$30.96	J	20000	Acquired	2026-10-02	Class A Common Stock (20000)	Direct
2023-07-27	Stock Option (Right to Buy Class B Common Stock)	$30.89	J	106666	Disposed	2026-01-13	Class B Common Stock (106666)	Direct
2023-07-27	Stock Option (Right to Buy)	$30.89	J	106666	Acquired	2026-01-13	Class A Common Stock (106666)	Direct
2023-07-27	Stock Option (Right to Buy Class B Common Stock)	$15.00	J	20000	Disposed	2028-07-23	Class B Common Stock (20000)	Direct
2023-07-27	Stock Option (Right to Buy)	$15.00	J	20000	Acquired	2028-07-23	Class A Common Stock (20000)	Direct
2023-10-15	Restricted Stock Units	$	M	4118	Disposed		Class A Common Stock (4118)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	393102	Indirect

Footnotes

F1: Sale of shares to cover tax withholding obligation incurred upon settlement of restricted stock units ("RSUs") effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 24, 2023.

F2: The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $11.65 to $11.78. 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: Held by The Shawn M. Soderberg 2005 Trust, of which the Reporting Person is the trustee.

F4: Effective as of immediately prior to the close of business on July 27, 2023, each share of the Issuer's Class B Common Stock, par value $0.0001 per share (the "Class B Common Stock"), automatically converted into one share of the Issuer's Class A Common Stock, par value $0.0001 per share (the "Class A Common Stock"), pursuant to the Issuer's Restated Certificate of Incorporation. In connection with the foregoing, the outstanding options to purchase shares of Class B Common Stock remain unchanged, except that the underlying shares now represent Class A Common Stock.

F5: These options are fully vested.

F6: Each RSU represents a contingent right to receive one share of the Class A Common Stock of the Issuer upon settlement.

F7: The RSUs vest as to one-third of the shares on the one-year anniversary of the vesting commencement date, which is January 15, 2022, and 1/12th quarterly thereafter, subject to the Reporting Person's continued service to the Issuer through each applicable vesting date.