Clayton Scott - 02 May 2024 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Signature
Patrick C. Cannon, attorney-in-fact for Clayton Scott
Issuer symbol
SMR
Transactions as of
02 May 2024
Net transactions value
-$43,434
Form type
4
Filing time
06 May 2024, 18:29:37 UTC
Previous filing
08 Mar 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Options Exercise $0 +22,876 +82% $0.000000 50,740 02 May 2024 Direct
transaction SMR Class A Common Stock Sale $43,434 -7,191 -14% $6.04 43,549 03 May 2024 Direct F1

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 -22,876 -50% $0.000000 22,875 02 May 2024 Class A Common Stock 22,876 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock
F3 On July 8, 2022, the reporting person was granted 68,627 restricted stock units, vesting in three annual installments beginning on May 2, 2023.