Bloom Energy Corp — Director's Dealing 2024

Dec 20, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Bloom Energy Corp (BE)
CIK: 0001664703
Period of Report: 2024-12-18

Reporting Person: Sridhar KR (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-12-18	Class A Common Stock	A	500000	—	Acquired	2322496	Direct
2024-12-18	Class A Common Stock	A	300000	—	Acquired	2622496	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-12-18	Performance Stock Units	$	D	250000	Disposed	2027-05-12	Class A Common Stock (250000)	Direct
2024-12-18	Performance Stock Units	$	D	250000	Disposed	2028-05-12	Class A Common Stock (250000)	Direct
2024-12-18	Performance Stock Units	$	D	250000	Disposed	2029-05-12	Class A Common Stock (250000)	Direct
2024-12-18	Performance Stock Units	$	D	250000	Disposed	2030-05-12	Class A Common Stock (250000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	872106	Indirect
Class A Common Stock	537487	Indirect
Class A Common Stock	503052	Indirect

Footnotes

F1: On December 18, 2024, the Reporting Person was granted restricted stock units ("RSUs") under the Issuer's 2018 Equity Incentive Plan (the "Plan"). The RSUs will vest in three equal annual installments over a three-year period, subject to Reporting Person's continued service to the Issuer on each applicable vesting date.

F2: On December 18, 2024, the Reporting Person was granted performance stock units ("PSUs") under the Plan. The PSUs are fully vested and will be delivered to the Reporting Person on the fifth anniversary of the first day of the calendar year to which the deferral relates, pursuant to the terms of the Issuer's 2021 Deferred Compensation Plan.

F3: Each PSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.

F4: On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs were eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the sixth anniversary of the grant date, subject to the Reporting Person remaining a service provider on the applicable vesting date. In addition, vesting of the PSUs was contingent upon the Reporting Person remaining employed through the second anniversary of the grant date.

F5: The PSUs were canceled by mutual agreement of the Reporting Person and the Issuer's Board of Directors. The Reporting Person received certain equity awards reported in the Issuer's Current Report on Form 8-K filed on December 20, 2024 as consideration for the cancellation.

F6: On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs were eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the seventh anniversary of the grant date, subject to the Reporting Person remaining a service provider on each applicable vesting date. In addition, vesting of the PSUs was contingent upon the Reporting Person remaining employed through the third anniversary of the grant date.

F7: On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs were eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the eighth anniversary of the grant date, subject to the Reporting Person remaining a service provider on each applicable vesting date. In addition, vesting of the PSUs was contingent upon the Reporting Person remaining employed through the fourth anniversary of the grant date.

F8: On May 12, 2021, the Reporting Person was granted a PSU award for a target number of 250,000 PSUs. The PSUs were eligible to vest upon the Issuer's Class A Common Stock achieving a specified price per share target averaged over any 30 day period prior to the ninth anniversary of the grant date, subject to the Reporting Person remaining a service provider on each applicable vesting date. In addition, vesting of the PSUs was contingent upon the Reporting Person remaining employed through the fifth anniversary of the grant date.