Fluor Corp - May 2, 2022 Form 3 Insider Report for NUSCALE POWER Corp (SMR)

Role
10%+ Owner
Signature
By: /s/ John R. Reynolds Executive Vice President, Chief Legal Officer & Secretary
Stock symbol
SMR
Transactions as of
May 2, 2022
Transactions value $
$0
Form type
3
Date filed
5/12/2022, 12:16 PM

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SMR Class B Units and Class B Common Stock May 2, 2022 Class A Common Stock 126M See Footnote F1, F2
holding SMR Class B Units and Class B Common Stock May 2, 2022 Class A Common Stock 464K See Footnote F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Class B unit of NuScale Power, LLC, an Oregon limited liability company and a wholly-owned subsidiary of the Issuer ("Class B Units"), together with one share of Class B common stock, par value $0.0001 per share, of the Issuer ("Class B Common Stock"), is exchangeable into one share of Class A common stock, par value $0.0001 per share, of the Issuer. Any such exchange is subject to various procedures, conditions and restrictions described in the Sixth Amended and Restated Limited Liability Company Agreement for NuScale Power, LLC dated as of May 2, 2022, which is incorporated by reference to Exhibit 10.12 to the Issuer's current report on Form 8-K filed with the SEC on May 5, 2022.
F2 Owned of record by Fluor Enterprises, Inc., which is a wholly owned subsidiary of Fluor Corporation, whose principal business address is 6700 Las Colinas Boulevard, Irving, Texas 75039.
F3 Owned of record by NuScale Holdings Corp., which is majority owned by Fluor Enterprises, Inc.