Bum-Jin Chung - Jun 6, 2023 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
Jun 6, 2023
Transactions value $
$6,383
Form type
4
Date filed
6/7/2023, 03:00 PM
Previous filing
Dec 1, 2022
Next filing
Aug 29, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Options Exercise $6.38K +841 +19.08% $7.59 5.25K Jun 6, 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 -841 -9.09% $0.00 8.41K Jun 6, 2023 Class A Common Stock 841 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount beneficially owned was previously over reported by one share. Mr. Chung beneficially owns 5,249 shares.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
F3 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.