John L. Hopkins - May 16, 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
Stock symbol
SMR
Transactions as of
May 16, 2023
Transactions value $
$96,285
Form type
4
Date filed
5/18/2023, 02:56 PM
Previous filing
May 17, 2023
Next filing
May 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Options Exercise $136K +16.3K +59.28% $8.30 43.9K May 16, 2023 Direct
transaction SMR Class A Common Stock Sale -$39.3K -4.92K -11.2% $8.00 39K May 17, 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 Restricted Stock Unit Options Exercise $0 -16.3K -6.97% $0.00 218K May 16, 2023 Class A Common Stock 16.3K 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 the right to receive, at settlement, one share of Class A Common Stock. This transaction represents the settlement of restricted stock units in shares of common stock on their scheduled vesting date.
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.