4//SEC Filing
Venkataraman Swaminathan 4
Accession 0001664703-22-000046
CIK 0001664703other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 7:49 PM ET
Size
12.2 KB
Accession
0001664703-22-000046
Insider Transaction Report
Form 4
Venkataraman Swaminathan
EVP of Engineering and CTO
Transactions
- Sale
Class A Common Stock
2022-03-18$23.94/sh−2,338$55,970→ 127,625 total - Exercise/Conversion
Class A Common Stock
2022-03-15+6,495→ 134,357 total - Sale
Class A Common Stock
2022-03-16$21.39/sh−4,394$93,987→ 129,963 total - Exercise/Conversion
Performance Stock Units
2022-03-15−6,495→ 12,994 total→ Class A Common Stock (6,495 underlying)
Holdings
- 36,554(indirect: By Trust)
Class A Common Stock
Footnotes (7)
- [F1]Sale of shares to cover tax withholding obligation incurred upon settlement of the restricted stock units .
- [F2]The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $20.96 to $21.80. 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]Sale of shares to cover tax withholding obligation incurred upon settlement of the performance stock units (the "PSUs").
- [F4]The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $23.8669 to $23.95. 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.
- [F5]Held by The Venkataraman Living Trust UTA dtd 6/8/2011, of which the Reporting Person is a trustee.
- [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 February 11, 2021, the Reporting Person was granted a PSU award for a target number of 24,253 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.
Documents
Issuer
Bloom Energy Corp
CIK 0001664703
Entity typeother
Related Parties
1- filerCIK 0001746127
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 7:49 PM ET
- Size
- 12.2 KB