4//SEC Filing
NEW ENTERPRISE ASSOCIATES 10 L P 4
Accession 0001209191-20-047245
CIK 0001664703other
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 5:33 PM ET
Size
11.3 KB
Accession
0001209191-20-047245
Insider Transaction Report
Form 4
NEW ENTERPRISE ASSOCIATES 10 L P
10% Owner
Transactions
- Conversion
Class B Common Stock
2020-08-14+4,233,381→ 11,963,020 total→ Class A Common Stock (4,233,381 underlying) - Conversion
10% Convertible Notes
2020-08-14Exercise: $8.00Exp: 2021-12-01→ Class B Common Stock (4,233,381 underlying)
Footnotes (4)
- [F1]The outstanding principal on the 10% Notes is convertible at any time prior to maturity at the option of the holders thereof into shares of the Issuer's Class B common stock at a conversion price of $8.00. The 10% Notes will mature on December 1, 2021 and bear interest at a fixed rate of 10% per annum, payable monthly in cash.
- [F2]The Class B common stock is convertible into the Issuer's Class A common stock on a 1-for-1 basis at the holder's option or upon any transfer except for certain permitted transfers. All the outstanding shares of the Issuer's Class B common stock will convert automatically into shares of Class A common stock upon the date that is the earliest to occur of (i) immediately prior to the close of business on the fifth anniversary of the closing of Issuer's IPO, (ii) immediately prior to the close of business on the date on which the outstanding shares of Class B common stock represent less than five percent of the aggregate number of shares of Class A common stock and Class B common stock then outstanding, (iii) the date and time, or the occurrence of an event, specified in a written conversion election delivered by KR Sridhar to the Issuer's Secretary or Chairman of the Board to so convert all shares of Class B common stock, or (iv) immediately following the date of the death of KR Sridhar.
- [F3]Represents shares of Class B common stock issuable upon conversion of $33,867,049 in aggregate principal amount of 10% Notes at a conversion rate of 125 shares of Class B common stock per $1,000 principal amount of the 10% Notes.
- [F4]The securities are directly held by New Enterprise Associates 10, Limited Partnership ("NEA 10") and indirectly held by NEA Partners 10, Limited Partnership ("NEA Partners 10"), the sole general partner of NEA 10, and the individual general partner of NEA Partners 10 (NEA Partners 10 and its individual general partner together, the "Indirect Reporting Persons"). The individual general partner of NEA Partners 10 is Scott D. Sandell. The NEA 10 Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the NEA 10 securities in which the NEA 10 Indirect Reporting Persons have no pecuniary interest.
Documents
Issuer
Bloom Energy Corp
CIK 0001664703
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001132326
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 5:33 PM ET
- Size
- 11.3 KB