Cameron Gregory D 4
4 · Bloom Energy Corp · Filed Feb 17, 2022
Insider Transaction Report
Form 4
Cameron Gregory D
Chief Financial Officer
Transactions
- Award
Performance Stock Units
2022-02-16+38,978→ 38,978 total→ Class A Common Stock (38,978 underlying)
Footnotes (2)
- [F1]Each of the Performance Stock Units (the "PSUs") represents a contingent right to receive one (1) share of the Class A Common Stock of the Issuer upon settlement.
- [F2]On February 11, 2021, the Reporting Person was granted a PSU award for a target number of 51,970 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. Vested shares will be delivered to the Reporting Person beginning on or about January 1, 2025 pursuant to the terms of the Bloom Energy Corporation 2021 Deferred Compensation Plan.