John L. Hopkins - Feb 28, 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
Stock symbol
SMR
Transactions as of
Feb 28, 2024
Transactions value $
-$41,927
Form type
4
Date filed
3/1/2024, 04:38 PM
Previous filing
May 23, 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 +39.3K +115.77% 73.2K Feb 28, 2024 Direct F1
transaction SMR Class A Common Stock Sale -$41.9K -13.5K -18.37% $3.12 59.8K 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 -39.3K -33.33% $0.00 78.6K Feb 28, 2024 Class A Common Stock 39.3K Direct F1, F3, F4
holding SMR Employee Stock Option (right to buy) 0 Feb 28, 2024 Class A Common Stock 0 By daughter A F5, F6
holding SMR Employee Stock Option (right to buy) 0 Feb 28, 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.