Jose N. Reyes Jr - 28 Feb 2025 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role
Chief Technology Officer
Signature
Patrick C. Cannon, attorney-in-fact for Jose N. Reyes, Jr.
Issuer symbol
SMR
Transactions as of
28 Feb 2025
Transactions value $
-$328,756
Form type
4
Filing time
04 Mar 2025, 18:49:40 UTC
Previous filing
06 May 2024
Next filing
04 Apr 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 +26.6K +5.57% $0.00 505K 28 Feb 2025 By Jose N. Reyes, Jr. Trust, dated August 2, 2021
transaction SMR Class A Common Stock Options Exercise $0 +31.3K +6.19% $0.00 536K 28 Feb 2025 By Jose N. Reyes, Jr. Trust, dated August 2, 2021
transaction SMR Class A Common Stock Sale -$329K -20K -3.73% $16.45 516K 03 Mar 2025 By Jose N. Reyes, Jr. Trust, dated August 2, 2021 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 -26.6K -50% $0.00 26.6K 28 Feb 2025 Class A Common Stock 26.6K Direct F2, F3
transaction SMR Restricted Stock Unit Options Exercise $0 -31.3K -33.33% $0.00 62.5K 28 Feb 2025 Class A Common Stock 31.3K Direct F2, F4
transaction SMR Restricted Stock Unit Award $0 +46.5K $0.00 46.5K 28 Feb 2025 Class A Common Stock 46.5K Direct F2, F5
* 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 Restricted stock units convert into Class A Common Stock on a one-for-one basis.
F3 On February 28, 2023, the reporting person was granted 79,922 restricted stock units, vesting annually in three equal installments beginning on February 28, 2024.
F4 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.
F5 On February 28, 2025, the reporting person was granted 46,538 restricted stock units, vesting annually in three equal installments beginning on February 28, 2026.