Jacqueline F. Engel - 28 Feb 2024 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Signature
Patrick C. Cannon, attorney-in-fact for Jacqueline F. Engel
Issuer symbol
SMR
Transactions as of
28 Feb 2024
Net transactions value
-$2,263
Form type
4
Filing time
01 Mar 2024, 16:40:31 UTC
Previous filing
11 Jan 2024
Next filing
08 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Options Exercise +2,371 +235% 3,378 28 Feb 2024 Direct F1
transaction SMR Class A Common Stock Sale $2,263 -726 -21% $3.12 2,652 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 -2,371 -33% $0.000000 4,741 28 Feb 2024 Class A Common Stock 2,371 Direct F1, F3
* 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 first anniversary of the grant date.