Cameron Gregory D 4
4 · Bloom Energy Corp · Filed Mar 17, 2023
Insider Transaction Report
Form 4
Cameron Gregory D
Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2023-03-15+133,320→ 360,217 total - Sale
Class A Common Stock
2023-03-16$18.06/sh−61,108$1,103,610→ 299,109 total - Exercise/Conversion
Performance Stock Units
2023-03-15−133,320→ 0 total→ Class A Common Stock (133,320 underlying)
Footnotes (4)
- [F1]Sale of shares to cover tax withholding obligation incurred upon settlement of performance stock units ("PSUs").
- [F2]The price reported represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $17.67 to $18.38. 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]Each PSU represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
- [F4]On June 9, 2020, the Reporting Person was granted a PSU award for a target number of 200,000 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 two times the target. The PSUs vest annually over three (3) years, with a third of the PSUs vesting on March 15, 2021, another third on March 15, 2022 and the remaining third on March 15, 2023, subject to Reporting Person remaining a service provider on each applicable vesting date.