SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
 Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Sridhar KR
(Last) (First) (Middle)
4353 NORTH FIRST STREET
(Street)
SAN JOSE CA 95134
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Bloom Energy Corp [ BE ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
12/18/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 12/18/2024 A(1) 500,000 A $0 2,322,496 D
Class A Common Stock 12/18/2024 A(2) 300,000 A $0 2,622,496 D
Class A Common Stock 872,106 I By trusts
Class A Common Stock 537,487 I By trusts
Class A Common Stock 503,052 I By trusts
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Units (3) 12/18/2024 D 250,000 (4) 05/12/2027 Class A Common Stock 250,000 (5) 0 D
Performance Stock Units (3) 12/18/2024 D 250,000 (6) 05/12/2028 Class A Common Stock 250,000 (5) 0 D
Performance Stock Units (3) 12/18/2024 D 250,000 (7) 05/12/2029 Class A Common Stock 250,000 (5) 0 D
Performance Stock Units (3) 12/18/2024 D 250,000 (8) 05/12/2030 Class A Common Stock 250,000 (5) 0 D
Explanation of Responses:
1. 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.
2. 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.
3. Each PSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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.
/s/ Shawn M. Soderberg, as attorney-in-fact 12/20/2024
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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