Julie Adelman - Aug 22, 2023 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role
Senior Director, Accounting
Signature
Patrick C. Cannon, attorney-in-fact for Julie Adelman
Stock symbol
SMR
Transactions as of
Aug 22, 2023
Transactions value $
-$15,326
Form type
4
Date filed
8/23/2023, 04:24 PM
Previous filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Options Exercise $7.42K +11.6K +327.73% $0.64* 15.1K Aug 22, 2023 Direct
transaction SMR Class A Common Stock Options Exercise $7.61K +11.9K +78.57% $0.64* 27K Aug 22, 2023 Direct
transaction SMR Class A Common Stock Tax liability -$7.61K -1.18K -4.38% $6.43 25.8K Aug 22, 2023 Direct
transaction SMR Class A Common Stock Tax liability -$22.7K -3.54K -13.69% $6.43 22.3K Aug 22, 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 Employee Stock Option (right to buy) Options Exercise $0 -11.6K -49.37% $0.00 11.9K Aug 22, 2023 Class A Common Stock 11.6K $0.64 Direct F1
transaction SMR Employee Stock Option (right to buy) Options Exercise $0 -11.9K -100% $0.00* 0 Aug 22, 2023 Class A Common Stock 11.9K $0.64 Direct F1
holding SMR Restricted Stock Unit 13.3K Aug 22, 2023 Class A Common Stock 13.3K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. Exercised in two tranches
F2 On March 2, 2023, the reporting person filed a Form 4 which reported the restricted stock units granted on February 28, 2023, as 13,526. The correct amount is 13,276.