Jose N. Reyes Jr. - 22 Feb 2023 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role: Chief Technology Officer
Signature: Patrick C. Cannon, attorney-in-fact for Jose N. Reyes, Jr.
Issuer symbol: SMR
Transactions as of: 22 Feb 2023
Net transactions value: -$575,303
Form type: 4
Filing time: 23 Feb 2023, 14:39:56 UTC
Previous filing: 04 May 2023
Next filing: 02 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMR	Class A Common Stock	Sale	$575,303	-57,292	-23%	$10.04	191,450	22 Feb 2023	By Jose N. Reyes, Jr. Trust, dated August 2, 2021	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The shares sold are to cover the capital gains tax withholdings in conjunction with the conversion of 151,203 Class B Common Stock Units to Class A Common Stock units previously reported on Form 4 filed November 3, 2022.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.02 to $10.085, inclusive. The reporting person undertakes to provide to NuScale Power Corporation, any security holder of NuScale Power 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 ranges set forth in this footnote.

Content

The shares sold are to cover the capital gains tax withholdings in conjunction with the conversion of 151,203 Class B Common Stock Units to Class A Common Stock units previously reported on Form 4 filed November 3, 2022.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.02 to $10.085, inclusive. The reporting person undertakes to provide to NuScale Power Corporation, any security holder of NuScale Power 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 ranges set forth in this footnote.