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Sec Form 4 Filing - Sridhar KR @ Bloom Energy Corp - 2019-12-18

  1. About Form 4 Filing: Every director, officer or owner of more than ten percent of a class of equity securities registered under Section 12 of the '34 Act must file with the U.S. Securities and Exchange Commission (SEC) a statement of ownership regarding such security. The initial filing is on Form 3 and changes are reported on Form 4. The Annual Statement of beneficial ownership of securities is on Form 5. The forms contain information on the reporting person's relationship to the company and on purchases and sales of such equity securities.
  2. Form 4 is stored in SEC's EDGAR database. EDGAR is Electronic Data Gathering, Analysis and Retrieval System. It is a registered trademark of the SEC.

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Sridhar KR
2. Issuer Name and Ticker or Trading Symbol
Bloom Energy Corp [ BE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President, CEO
(Last)
(First)
(Middle)
4353 NORTH FIRST STREET
3. Date of Earliest Transaction (MM/DD/YY)
12/18/2019
(Street)
SAN JOSE, CA95134
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 12/18/2019 C( 1 ) 1,394 A $ 0 9,394 D
Class A common stock 12/18/2019 C( 1 ) 39,011 A $ 0 48,405 D
Class A common stock 12/18/2019 C( 1 ) 91,574 A $ 0 139,979 D
Class A common stock 12/18/2019 C( 1 ) 341,196 A $ 0 481,175 D
Class A common stock 12/19/2019 S( 2 ) 473,175 D $ 6.5543 ( 3 ) 8,000 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Restricted stock units (Class B comnon stock) ( 4 ) 12/18/2019 M 2,537 ( 5 ) ( 5 ) Class B common stock 2,537 $ 0 0 D
Class B common stock ( 6 ) 12/18/2019 A 2,537 ( 6 ) ( 6 ) Class A common stock 2,537 $ 0 2,537 D
Class B common stock ( 6 ) 12/18/2019 C( 1 ) 1,394 ( 6 ) ( 6 ) Class A common stock 1,143 $ 0 1,143 D
Restricted stock units (Class B common stock) ( 4 ) 12/18/2019 M 71,000 ( 7 ) ( 6 ) Class B common stock 71,000 $ 0 142,000 D
Class B common stock ( 6 ) 12/18/2019 A 71,000 ( 6 ) ( 6 ) Class A common stock 71,000 $ 0 71,000 D
Class B common stock ( 6 ) 12/18/2019 C( 1 ) 39,011 ( 6 ) ( 6 ) Class A common stock 31,989 $ 0 31,989 D
Restricted stock units (Class B common stock) ( 4 ) 12/18/2019 M 620,989 ( 8 ) ( 6 ) Class B common stock 620,989 $ 0 1,862,964 D
Class B common stock ( 6 ) 12/18/2019 A 620,989 ( 6 ) ( 6 ) Class A common stock 620,989 $ 0 620,989 D
Class B common stock ( 6 ) 12/18/2019 C( 1 ) 341,196 ( 6 ) ( 6 ) Class A common stock 279,793 $ 0 279,793 D
Restricted stock units (Class B common stock) ( 4 ) 12/18/2019 M 166,667 ( 9 ) ( 6 ) Class B common stock 166,667 $ 0 166,667 D
Class B common stock ( 6 ) 12/18/2019 A 166,667 ( 6 ) ( 6 ) Class A common stock 166,667 $ 0 166,667 D
Class B common stock ( 6 ) 12/18/2019 C( 1 ) 91,574 ( 6 ) ( 6 ) Class A comomn stock 75,093 $ 0 75,093 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Sridhar KR
4353 NORTH FIRST STREET
SAN JOSE, CA95134
President, CEO
Signatures
/s/ Shawn Soderberg as attorney in fact for reporting person 12/20/2019
** Signature of Reporting Person Date
Explanation of Responses:
( 1 )Conversion of derivative security in accordance with its terms.
( 2 )Sales of shares to satisfy tax withholding obligations incurred in connection with the settlement of vested restricted stock units. Such sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
( 3 )This transaction was executed in multiple trades at prices ranging from $6.18 to $7.17. The price reported above reflects the weighted average sales price. The reporting person undertakes to provide Bloom Energy Corporation, any security holder of Bloom Energy Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
( 4 )Each RSU represents a contingent right to receive 1 share of the issuer's Class B Common Stock upon settlement.
( 5 )Fully vested. Settlement was deferred to December 18, 2019 at the election of the reporting person.
( 6 )All the outstanding shares of our Class B common stock will convert automatically into shares of our Class A common stock upon the occurrence of certain events. In addition, Class B common stock may be converted into shares of Class A common stock at any time at the election of the holder.
( 7 )The RSUs vest 34% on January 25, 2019; 33% on the January 25, 2020; and 33% on January 25, 2021. Settlement of the vested RSUs reported on this Form 4 was deferred to December 18, 2019 at the election of the reporting person.
( 8 )The RSUs vest in equal installments every six months over two years from July 25, 2018, the date of grant. Settlement of the vested RSUs reported on this Form 4 was deferred to December 18, 2019 at the election of the reporting person.
( 9 )The RSUs vest 50% on January 25, 2019 and 50% on January 25, 2020. Settlement of the vested RSUs reported on this Form 4 was deferred to December 18, 2019 at the election of the reporting person.

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.