John L. Hopkins - 28 Feb 2024 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role
Chief Executive Officer, Director
Signature
Patrick C. Cannon, attorney-in-fact for John L. Hopkins
Issuer symbol
SMR
Transactions as of
28 Feb 2024
Net transactions value
-$41,927
Form type
4
Filing time
01 Mar 2024, 16:38:15 UTC
Previous filing
23 May 2023
Next filing
08 Mar 2024
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 +39,285 +116% 73,219 28 Feb 2024 Direct F1
transaction SMR Class A Common Stock Sale $41,927 -13,451 -18% $3.12 59,768 29 Feb 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 -39,285 -33% $0.000000 78,569 28 Feb 2024 Class A Common Stock 39,285 Direct F1, F3, F4
holding SMR Employee Stock Option (right to buy) 0 28 Feb 2024 Class A Common Stock 0 By daughter A F5, F6
holding SMR Employee Stock Option (right to buy) 0 28 Feb 2024 Class A Common Stock 0 By daughter B F5, F6
* 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 On February 28, 2023, the reporting person was granted 117,854 restricted stock units, vesting 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 120,076. The correct amount acquired was 117,854. The number of remaining derivative securities owned accurately reflects the balance following this grant.
F5 Not applicable.
F6 The reporting person no longer has a reportable beneficial interest in an option to purchase 2,598 shares of Class A Common Stock granted to his daughter and included in the reporting person's prior ownership reports.