IBK Securities Co., Ltd. - Dec 31, 2022 Form 5 Insider Report for NUSCALE POWER Corp (SMR)

Role
10%+ Owner
Signature
/s/ Chan Geol Moon
Stock symbol
SMR
Transactions as of
Dec 31, 2022
Transactions value $
-$10,526,543
Form type
5
Date filed
2/13/2023, 04:11 PM
Previous filing
Jun 3, 2022
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Sale -$948K -83.9K -29.54% $11.30 200K Jul 20, 2022 Direct F1, F12
transaction SMR Class A Common Stock Sale -$106K -7K -3.5% $15.12 193K Aug 8, 2022 Direct F1, F12
transaction SMR Class A Common Stock Sale -$419K -28K -14.51% $14.97 165K Aug 9, 2022 Direct F1, F12
transaction SMR Class A Common Stock Sale -$231K -15K -9.09% $15.38 150K Aug 24, 2022 Direct F1, F12
transaction SMR Class A Common Stock Sale -$153K -10K -6.67% $15.27 140K Aug 25, 2022 Direct F1, F12
transaction SMR Class A Common Stock Sale -$35.9K -2.41K -1.72% $14.89 138K Aug 26, 2022 Direct F1, F12
transaction SMR Class A Common Stock Sale -$542K -37.6K -27.32% $14.43 100K Sep 6, 2022 Direct F1, F12
transaction SMR Class A Common Stock Sale -$171K -13.8K -13.82% $12.38 86.2K Sep 26, 2022 Direct F1, F12
transaction SMR Class A Common Stock Sale -$502K -43K -49.9% $11.66 43.2K Oct 5, 2022 Direct F1, F12
transaction SMR Class A Common Stock Sale -$498K -43.2K -100% $11.53 0 Oct 6, 2022 Direct F1, F12
transaction SMR Class A Common Stock Conversion of derivative security +372K 372K Aug 26, 2022 Next Tech 2 New Technology Investment Fund. See Footnote F2, F3, F12
transaction SMR Class A Common Stock Sale -$381K -35K -9.4% $10.88 337K Dec 7, 2022 Next Tech 2 New Technology Investment Fund. See Footnote F3, F12
transaction SMR Class A Common Stock Sale -$384K -35K -10.37% $10.97 302K Dec 8, 2022 Next Tech 2 New Technology Investment Fund. See Footnote F3, F12
transaction SMR Class A Common Stock Conversion of derivative security +4.24M 4.24M Nov 16, 2022 Next Tech 1 New Technology Investment Fund. See Footnote F4, F5, F12
transaction SMR Class A Common Stock Sale -$578K -52.5K -1.24% $11.02 4.19M Nov 28, 2022 Next Tech 1 New Technology Investment Fund. See Footnote F5, F6, F12
transaction SMR Class A Common Stock Sale -$539K -50K -1.19% $10.77 4.14M Nov 29, 2022 Next Tech 1 New Technology Investment Fund. See Footnote F5, F12
transaction SMR Class A Common Stock Sale -$579K -53.4K -1.29% $10.84 4.09M Nov 30, 2022 Next Tech 1 New Technology Investment Fund. See Footnote F5, F7, F12
transaction SMR Class A Common Stock Sale -$546K -50K -1.22% $10.92 4.04M Dec 1, 2022 Next Tech 1 New Technology Investment Fund. See Footnote F5, F12
transaction SMR Class A Common Stock Sale -$789K -71.9K -1.78% $10.97 3.96M Dec 2, 2022 Next Tech 1 New Technology Investment Fund. See Footnote F5, F8, F12
transaction SMR Class A Common Stock Sale -$547K -50K -1.26% $10.94 3.91M Dec 5, 2022 Next Tech 1 New Technology Investment Fund. See Footnote F5, F12
transaction SMR Class A Common Stock Sale -$559K -51.3K -1.31% $10.88 3.86M Dec 6, 2022 Next Tech 1 New Technology Investment Fund. See Footnote F5, F9, F12
transaction SMR Class A Common Stock Sale -$1.05M -96.7K -2.5% $10.89 3.77M Dec 7, 2022 Next Tech 1 New Technology Investment Fund. See Footnote F5, F10, F12
transaction SMR Class A Common Stock Sale -$968K -88.2K -2.34% $10.98 3.68M Dec 8, 2022 Next Tech 1 New Technology Investment Fund. See Footnote F5, F11, F12

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
transaction SMR Class B Common Stock Conversion of derivative security -372K -100% 0 Aug 26, 2022 Class A Common Stock 372K See Footnote F2, F3, F12
transaction SMR Class B Common Stock Conversion of derivative security -4.24M -100% 0 Nov 16, 2022 Class A Common Stock 4.24M See Footnote F4, F5, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities of the Issuer were directly held by IBK Securities Co., Ltd. ("IBKS").
F2 Reflects the exchange of 372,420 shares of Class B common stock, par value $0.0001 per share ("Class B Common Stock"), of the Issuer, each paired with one Class B Unit of NuScale Power, LLC, for 372,420 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer.
F3 The reported securities were directly held by Next Tech 2 New Technology Investment Fund ("Next Tech 2"). IBKS is, together with BH Investment and Liberty Ltd. ("BHI"), a co-general partner of Next Tech 2. IBKS disclaims any beneficial ownership of the securities held by NextTech 2, other than to the extent of any pecuniary interest it may have therein, directly or indirectly.
F4 Reflects the exchange of 4,241,765 shares of Class B common stock, par value $0.0001 per share ("Class B Common Stock"), of the Issuer, each paired with one Class B Unit of NuScale Power, LLC, for 4,241,765 shares of Class A Common Stock.
F5 The reported securities were, or are, directly held by Next Tech 1 New Technology Investment Fund ("Next Tech 1"). IBKS is, together with BH Investment and Liberty Ltd. ("BHI"), a co-general partner of Next Tech 1. IBKS disclaims any beneficial ownership of the securities held by NextTech 1, other than to the extent of any pecuniary interest it may have therein, directly or indirectly.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.0069 to $11.2400, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 herein.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.8380 to $10.9100, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 herein.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.8200 to $11.1200, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 herein.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.8789 to $11.0000, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 herein.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.8400 to $11.0400, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 herein.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.9200 to $11.0700, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 herein.
F12 Industrial Bank of Korea ("IBK"), as the controlling person of IBKS, and the Republic of Korea Ministry of Economy and Finance ("MOEF"), as the controlling person of IBK, are deemed to be indirect beneficial owners of the shares of Class A Common Stock owned by IBKS, Next Tech 1 and Next Tech 2 and the shares of Class B Common Stock owned by NuScale Korea. IBK and MOEF disclaim any beneficial ownership of the securities held by IBKS, Next Tech 1, Next Tech 2, and NuScale Korea, other than to the extent of any pecuniary interest they may have therein, directly or indirectly.