Jose N. Reyes Jr - Feb 22, 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.
Stock symbol: SMR
Transactions as of: Feb 22, 2023
Transactions value $: -$575,303
Form type: 4
Date filed: 2/23/2023, 02:39 PM
Previous filing: May 4, 2023
Next filing: Mar 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMR	Class A Common Stock	Sale	-$575K	-57.3K	-23.03%	$10.04	191K	Feb 22, 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.