John L. Hopkins - 15 May 2023 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role
Chief Executive Officer, Director
Signature
Patrick C. Cannon, attorney-in-fact for John L. Hopkins
Issuer symbol
SMR
Transactions as of
15 May 2023
Net transactions value
+$224,020
Form type
4
Filing time
17 May 2023, 16:56:14 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 $135,622 +16,340 $8.30 16,340 15 May 2023 Direct
transaction SMR Class A Common Stock Sale $41,178 -5,114 -31% $8.05 11,226 16 May 2023 Direct F1
transaction SMR Class A Common Stock Options Exercise $129,576 +16,340 +146% $7.93 27,566 16 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 -16,340 -6.1% $0.000000 250,795 15 May 2023 Class A Common Stock 16,340 Direct F2, F3
transaction SMR Restricted Stock Unit Options Exercise $0 -16,340 -6.5% $0.000000 234,455 16 May 2023 Class A Common Stock 16,340 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 147,059 restricted stock units to vest annually in three installments beginning on May 12, 2023.