Karin Feldman - 12 May 2023 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role
InterimChief Operating Officer
Signature
Patrick C. Cannon, attorney-in-fact for Karin Feldman
Issuer symbol
SMR
Transactions as of
12 May 2023
Net transactions value
+$52,943
Form type
4
Filing time
16 May 2023, 16:04:30 UTC
Previous filing
02 Mar 2023
Next filing
18 May 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 $36,171 +4,358 $8.30 4,358 12 May 2023 Direct
transaction SMR Class A Common Stock Sale $19,392 -2,344 -54% $8.27 2,014 15 May 2023 Direct F1
transaction SMR Class A Common Stock Options Exercise $36,163 +4,357 +216% $8.30 6,371 15 May 2023 Direct

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 Restricted Stock Unit Options Exercise $0 -4,358 -5.9% $0.000000 69,910 12 May 2023 Class A Common Stock 4,358 Direct F2, F3
transaction SMR Restricted Stock Unit Options Exercise $0 -4,357 -6.2% $0.000000 65,553 15 May 2023 Class A Common Stock 4,357 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F3 On July 8, 2022, the reporting person was granted 39,216 restricted stock units, vesting in three equal installments beginning on the first anniversary of the merger on May 12, 2023.