John L. Hopkins - 02 May 2022 Form 3 Insider Report for NUSCALE POWER Corp (SMR)

Signature
Patrick C. Cannon, attorney-in-fact for John L. Hopkins
Issuer symbol
SMR
Transactions as of
02 May 2022
Net transactions value
$0
Form type
3
Filing time
12 May 2022, 15:51:55 UTC
Next filing
11 Jul 2022

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
holding SMR Employee Stock Option (right to buy) 02 May 2022 Class A Common Stock 1,329,136 $3.24 Direct F1
holding SMR Employee Stock Option (right to buy) 02 May 2022 Class A Common Stock 259,800 $6.41 Direct F2
holding SMR Employee Stock Option (right to buy) 02 May 2022 Class A Common Stock 1,732 $6.41 By immediate family member F3, F4
holding SMR Employee Stock Option (right to buy) 02 May 2022 Class A Common Stock 2,598 $3.24 By daughter A F4, F5
holding SMR Employee Stock Option (right to buy) 02 May 2022 Class A Common Stock 2,598 $3.24 By daughter B F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option became exercisable for 25% of the shares on March 1, 2018, and for 1/48th of the shares at the end of each one-month period thereafter, so that the option became fully exercisable on March 1, 2022.
F2 The option became exercisable for 25% of the shares on April 1, 2021, and for 1/48th of the shares at the end of each one-month period thereafter, so that the option will become fully exercisable on April 1, 2024.
F3 The option will become exercisable for 25% of the shares on November 1, 2022, and for 1/48th of the shares at the end of each one-month period thereafter, so that the option will become fully exercisable on November 1, 2025.
F4 The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
F5 The option became exercisable for 25% of the shares on January 1, 2022, and for 1/48th of the shares at the end of each one-month period thereafter, so that the option will become fully exercisable on January 1, 2024.