Rudy Murgo - 10 Mar 2023 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role: Treasurer
Signature: Patrick C. Cannon, attorney-in-fact for Rudolph Murgo
Issuer symbol: SMR
Transactions as of: 10 Mar 2023
Net transactions value: -$1,047
Form type: 4
Filing time: 10 Mar 2023, 15:14:06 UTC
Previous filing: 02 Mar 2023
Next filing: 11 Apr 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	Options Exercise	$2,314	+361	+5.2%	$6.41	7,352	10 Mar 2023	Direct
transaction	SMR	Class A Common Stock	Options Exercise	$2,308	+360	+4.9%	$6.41	7,712	10 Mar 2023	Direct
transaction	SMR	Class A Common Stock	Options Exercise	$2,058	+216	+2.8%	$9.53	7,928	10 Mar 2023	Direct
transaction	SMR	Class A Common Stock	Sale	$7,727	-800	-10%	$9.66	7,128	10 Mar 2023	Direct	F1

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	Employee Stock Option (right to buy)	Options Exercise	$0	-361	-7.1%	$0.000000	4,690	10 Mar 2023	Class A Common Stock	361	$6.41	Direct	F2
transaction	SMR	Employee Stock Option (right to buy)	Options Exercise	$0	-360	-3.1%	$0.000000	11,187	10 Mar 2023	Class A Common Stock	360	$6.41	Direct	F3
transaction	SMR	Employee Stock Option (right to buy)	Options Exercise	$0	-216	-2.9%	$0.000000	7,361	10 Mar 2023	Class A Common Stock	216	$9.53	Direct	F4

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

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.60 to $9.66, 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.
F2	The option became exercisable for 25% of the shares on April 1, 2021, and for 1/48th of the shares at the end of each one-month period thereafter, so that the option will become fully exercisable on April 1, 2024.
F3	The option became exercisable for 25% of the shares on November 1, 2022, and for 1/48th of the shares at the end of each one-month period thereafter, so that the option will become fully exercisable on November 1, 2025.
F4	The option became exercisable for 25% of the shares on January 4, 2023, and for 1/48th of the shares at the end of each one-month period thereafter, so that the option will become fully exercisable on January 4, 2026.