Jacqueline F. Engel - 28 Feb 2025 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role
Interim VP, Accounting
Signature
Patrick C. Cannon, attorney-in-fact for Jacqueline F. Engel
Issuer symbol
SMR
Transactions as of
28 Feb 2025
Net transactions value
-$177,920
Form type
4
Filing time
04 Mar 2025, 18:48:29 UTC
Previous filing
11 Dec 2024
Next filing
06 Mar 2025
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 $0 +2,371 +85% $0.000000 5,165 28 Feb 2025 Direct
transaction SMR Class A Common Stock Options Exercise $0 +31,250 +605% $0.000000 36,415 28 Feb 2025 Direct
transaction SMR Class A Common Stock Sale $29,857 -1,645 -4.5% $18.15 34,770 03 Mar 2025 Direct F1
transaction SMR Class A Common Stock Sale $148,063 -9,003 -26% $16.45 25,767 03 Mar 2025 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 -50% $0.000000 2,370 28 Feb 2025 Class A Common Stock 2,371 $0.000000 Direct F3, F4
transaction SMR Restricted Stock Unit Options Exercise $0 -31,250 -33% $0.000000 62,500 28 Feb 2025 Class A Common Stock 31,250 $0.000000 Direct F3, F5
transaction SMR Restricted Stock Unit Award $0 +23,269 $0.000000 23,269 28 Feb 2025 Class A Common Stock 23,269 $0.000000 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction is pursuant to a 10b5-1 Plan adopted August 30, 2024.
F2 The sales reported on this row 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 Restricted stock units convert into Class A Common Stock on a one-for-one basis.
F4 On February 28, 2023, the reporting person was granted 7,112 restricted stock units, vesting annually in three equal installments beginning on February 28, 2024.
F5 On February 28, 2024, the reporting person was granted 93,750 restricted stock units, vesting annually in three equal installments beginning on February 28, 2025.
F6 On February 28, 2025, the reporting person was granted 23,269 restricted stock units, vesting annually in three equal installments beginning on February 28, 2026.