Bum-Jin Chung - Dec 1, 2022 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role
Director
Signature
Patrick C. Cannon, attorney-in-fact for Bum-Jin Chung
Stock symbol
SMR
Transactions as of
Dec 1, 2022
Transactions value $
$0
Form type
4
Date filed
5/31/2023, 05:01 PM
Next filing
Jun 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Options Exercise $0 +2.68K $0.00 2.68K Mar 1, 2023 Direct
transaction SMR Class A Common Stock Options Exercise $0 +1.73K +64.76% $0.00 4.41K May 26, 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 Award $0 +13.7K $0.00 13.7K Dec 1, 2022 Class A Common Stock 13.7K Direct F1, F2
transaction SMR Restricted Stock Unit Options Exercise $0 -2.68K -19.59% $0.00 11K Mar 1, 2023 Class A Common Stock 1.84K Direct F1, F2
transaction SMR Restricted Stock Unit Options Exercise $0 -1.73K -15.78% $0.00 9.25K May 26, 2023 Class A Common Stock 1.73K Direct F1, F2
transaction SMR Restricted Stock Unit Award $0 +14.1K $0.00 14.1K May 26, 2023 Class A Common Stock 14.1K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F2 On December 1, 2022, Mr. Chung joined the board. The board awarded him 7,339 restricted stock units as the 2022 annual award that will vest quarterly beginning March 1, 2023, until it is vested after one year, and 10,091 restricted stock units as a one-time award that will vest quarterly beginning March 1, 2023, over three years. All units not vested and nonforfeitable will be forfeited to the Company upon termination of service. On May 26, 2023, the board approved the accelerated vesting of all shares under the annual award through May 26, 2023, and canceled the remainder of the award.
F3 On May 26, 2023, the board awarded 14,120 restricted stock units as the annual award that will vest quarterly beginning August 26, 2023, until it is vested after one year. All restricted stock units that are not vested and nonforfeitable will be forfeited to the Company upon termination of service.