Chris Colbert - 22 Jun 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
22 Jun 2023
Net transactions value
-$666,353
Form type
4
Filing time
26 Jun 2023, 18:22:51 UTC
Previous filing
22 Jun 2023
Next filing
17 Oct 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 $19,155 +29,929 +199% $0.6400* 44,977 22 Jun 2023 Direct
transaction SMR Class A Common Stock Sale $234,991 -29,929 -67% $7.85 15,048 22 Jun 2023 Direct F1
transaction SMR Class A Common Stock Options Exercise $19,155 +29,929 +199% $0.6400* 44,977 23 Jun 2023 Direct
transaction SMR Class A Common Stock Sale $221,825 -29,929 -67% $7.41 15,048 23 Jun 2023 Direct F2
transaction SMR Class A Common Stock Options Exercise $19,154 +29,928 +199% $0.6400* 44,976 26 Jun 2023 Direct
transaction SMR Class A Common Stock Sale $209,538 -29,928 -67% $7.00 15,048 26 Jun 2023 Direct F3

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 Employee Stock Option (right to buy) Options Exercise $19,155 -29,929 -33% $0.6400* 59,857 22 Jun 2023 Class A Common Stock 29,929 $0.6400 Direct F4
transaction SMR Employee Stock Option (right to buy) Options Exercise $19,155 -29,929 -50% $0.6400* 29,928 23 Jun 2023 Class A Common Stock 29,929 $0.6400 Direct F4
transaction SMR Employee Stock Option (right to buy) Options Exercise $19,154 -29,928 -100% $0.6400* 0 26 Jun 2023 Class A Common Stock 29,928 $0.6400 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.73 to $8.07, inclusive. The reporting person undertakes to provide to NuScale Power Corporation, any security holder of NuScale Power Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.25 to $7.62, inclusive. The reporting person undertakes to provide to NuScale Power Corporation, any security holder of NuScale Power Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.71 to $7.32, inclusive. The reporting person undertakes to provide to NuScale Power Corporation, any security holder of NuScale Power Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The option became exercisable for 25% of the shares on September 1, 2014, and for 1/48th of the shares at the end of each one-month period thereafter, so that the option became fully exercisable on September 1, 2017.