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

Role: Senior Director, Accounting
Signature: Patrick C. Cannon, attorney-in-fact for Julie Adelman
Issuer symbol: SMR
Transactions as of: 22 Aug 2023
Net transactions value: -$15,326
Form type: 4
Filing time: 23 Aug 2023, 16:24:58 UTC
Previous filing: 18 May 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	$7,421	+11,595	+328%	$0.6400^*	15,133	22 Aug 2023	Direct
transaction	SMR	Class A Common Stock	Options Exercise	$7,610	+11,890	+79%	$0.6400^*	27,023	22 Aug 2023	Direct
transaction	SMR	Class A Common Stock	Tax liability	$7,607	-1,183	-4.4%	$6.43	25,840	22 Aug 2023	Direct
transaction	SMR	Class A Common Stock	Tax liability	$22,749	-3,538	-14%	$6.43	22,302	22 Aug 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	-11,595	-49%	$0.000000	11,890	22 Aug 2023	Class A Common Stock	11,595	$0.6400	Direct	F1
transaction	SMR	Employee Stock Option (right to buy)	Options Exercise	$0	-11,890	-100%	$0.000000^*	0	22 Aug 2023	Class A Common Stock	11,890	$0.6400	Direct	F1
holding	SMR	Restricted Stock Unit						13,276	22 Aug 2023	Class A Common Stock	13,276		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.