Clayton Scott - Feb 28, 2024 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role
Chief Commercial Officer
Signature
Patrick C. Cannon, attorney-in-fact for Clayton Scott
Stock symbol
SMR
Transactions as of
Feb 28, 2024
Transactions value $
-$21,598
Form type
4
Date filed
3/1/2024, 04:36 PM
Previous filing
May 18, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Options Exercise +19.1K +121.08% 34.8K Feb 28, 2024 Direct F1
transaction SMR Class A Common Stock Sale -$21.6K -6.93K -19.91% $3.12 27.9K Feb 29, 2024 Direct F2

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 -19.1K -33.33% $0.00 38.1K Feb 28, 2024 Class A Common Stock 19.1K Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 The sales reported on this Form 4 represent shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
F3 The restricted stock units were granted February 28, 2023, and vest in three annual installments beginning on the anniversary of the grant date.
F4 Form 4 filed on March 3, 2023, inaccurately reported the number of restricted stock units granted as 58,240. The correct amount acquired was 57,163. The number of remaining derivative securities owned accurately reflects the balance following this grant.