4//SEC Filing
Brennan Susan Seilheimer 4
Accession 0001209191-21-012127
CIK 0001664703other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 7:07 PM ET
Size
10.1 KB
Accession
0001209191-21-012127
Insider Transaction Report
Form 4
Brennan Susan Seilheimer
EVP and COO
Transactions
- Exercise/Conversion
Class A Common Stock
2021-02-15+14,700→ 232,505 total - Sale
Class A Common Stock
2021-02-16$36.15/sh−7,279$263,152→ 225,226 total - Exercise/Conversion
Performance Stock Units
2021-02-15−14,700→ 29,400 totalExp: 2031-02-10→ Class A Common Stock (14,700 underlying)
Footnotes (5)
- [F1]Includes 2,500 shares that were acquired under the Bloom Energy Corporation Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- [F2]Sale of shares to cover tax withholding obligation incurred upon settlement of the restricted stock units and the Performance Stock Units (the "PSUs") that vested on February 15, 2021.
- [F3]The price reported represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from $35.47 to $40.00 per share. Upon request by the staff of the Securities and Exchange Commission, the Issuer, or any security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price.
- [F4]Each of the PSUs represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
- [F5]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.
Documents
Issuer
Bloom Energy Corp
CIK 0001664703
Entity typeother
Related Parties
1- filerCIK 0001745993
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 7:07 PM ET
- Size
- 10.1 KB