Chris Colbert - Jun 22, 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
Stock symbol
SMR
Transactions as of
Jun 22, 2023
Transactions value $
-$666,353
Form type
4
Date filed
6/26/2023, 06:22 PM
Previous filing
Jun 22, 2023
Next filing
Oct 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Options Exercise $19.2K +29.9K +198.89% $0.64* 45K Jun 22, 2023 Direct
transaction SMR Class A Common Stock Sale -$235K -29.9K -66.54% $7.85 15K Jun 22, 2023 Direct F1
transaction SMR Class A Common Stock Options Exercise $19.2K +29.9K +198.89% $0.64* 45K Jun 23, 2023 Direct
transaction SMR Class A Common Stock Sale -$222K -29.9K -66.54% $7.41 15K Jun 23, 2023 Direct F2
transaction SMR Class A Common Stock Options Exercise $19.2K +29.9K +198.88% $0.64* 45K Jun 26, 2023 Direct
transaction SMR Class A Common Stock Sale -$210K -29.9K -66.54% $7.00 15K Jun 26, 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 -$19.2K -29.9K -33.33% $0.64* 59.9K Jun 22, 2023 Class A Common Stock 29.9K $0.64 Direct F4
transaction SMR Employee Stock Option (right to buy) Options Exercise -$19.2K -29.9K -50% $0.64* 29.9K Jun 23, 2023 Class A Common Stock 29.9K $0.64 Direct F4
transaction SMR Employee Stock Option (right to buy) Options Exercise -$19.2K -29.9K -100% $0.64* 0 Jun 26, 2023 Class A Common Stock 29.9K $0.64 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.