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

Role
Interim VP, Accounting
Signature
Patrick C. Cannon, attorney-in-fact for Jacqueline F. Engel
Stock symbol
SMR
Transactions as of
Feb 28, 2024
Transactions value $
-$2,263
Form type
4
Date filed
3/1/2024, 04:40 PM
Previous filing
Jan 11, 2024
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 +2.37K +235.45% 3.38K Feb 28, 2024 Direct F1
transaction SMR Class A Common Stock Sale -$2.26K -726 -21.49% $3.12 2.65K 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 -2.37K -33.34% $0.00 4.74K Feb 28, 2024 Class A Common Stock 2.37K 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.