Chris Colbert - 16 May 2023 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role
Chief Financial Officer
Signature
Patrick C. Cannon, attorney-in-fact for Christopher J. Colbert
Issuer symbol
SMR
Transactions as of
16 May 2023
Net transactions value
+$27,406
Form type
4
Filing time
18 May 2023, 15:38:47 UTC
Previous filing
16 May 2023
Next filing
31 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 Sale $30,163 -3,746 -24% $8.05 12,163 16 May 2023 Direct F1
transaction SMR Class A Common Stock Options Exercise $86,381 +10,893 +90% $7.93 23,056 16 May 2023 Direct
transaction SMR Class A Common Stock Sale $28,813 -3,603 -16% $8.00 19,453 17 May 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 -10,893 -6.9% $0.000000 146,787 16 May 2023 Class A Common Stock 10,893 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 98,039 restricted stock units to vest annually in three installments beginning on May 12, 2023.