Kent Kresa - 13 May 2025 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role: Director
Signature: Patrick C. Cannon, attorney-in-fact for Kent Kresa
Issuer symbol: SMR
Transactions as of: 13 May 2025
Net transactions value: $0
Form type: 4
Filing time: 15 May 2025, 16:25:28 UTC
Previous filing: 02 Apr 2025
Next filing: 30 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
KRESA KENT	Director	1100 NE CIRCLE BLVD., SUITE 200, CORVALLIS	Patrick C. Cannon, attorney-in-fact for Kent Kresa	15 May 2025	0001197571

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SMR	Class A Common Stock	Conversion of derivative security	$0	+19,783	+34%	$0.000000	77,512	13 May 2025	by Kent Kresa Trust, dated November 14, 2006

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	Paired Interests	Conversion of derivative security	$0	-19,783	-100%	$0.000000	0	13 May 2025	Class B Common Stock	19,783		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The term "Paired Interests" is used herein to refer to the economic, non-voting Class B Units of NuScale Power, LLC ("Class B Units") and an equal number of paired shares of non-economic, voting Class B Common Stock of the Issuer ("Class B Common Stock"). The Paired Interests have no expiration date and are convertible at the holder's election at any time. The holder of Class B Units has the right to exchange a Class B Unit on a one-for-one basis for a share of Class A Common Stock of the Issuer. Upon such an exchange, the Issuer will cancel and retire the paired share of Class B Common Stock.

Content

The term "Paired Interests" is used herein to refer to the economic, non-voting Class B Units of NuScale Power, LLC ("Class B Units") and an equal number of paired shares of non-economic, voting Class B Common Stock of the Issuer ("Class B Common Stock"). The Paired Interests have no expiration date and are convertible at the holder's election at any time. The holder of Class B Units has the right to exchange a Class B Unit on a one-for-one basis for a share of Class A Common Stock of the Issuer. Upon such an exchange, the Issuer will cancel and retire the paired share of Class B Common Stock.