Dale Atkinson - 13 Feb 2023 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Reporting relationship: Chief Operating Officer
Issuer ticker: SMR
Reported as of: 13 Feb 2023
Net transaction value: -$791,508
SEC form: 4
Accepted by SEC: 15 Feb 2023, 15:20:51 UTC
Prior SEC filing: 12 May 2022
Source filing: View source filing
Reporting owner signature: Patrick C. Cannon, attorney-in-fact for Dale Atkinson

Key filing fact

Dale Atkinson filed Form 4 for NUSCALE POWER Corp (SMR) on 15 Feb 2023.

Key facts

This page summarizes Dale Atkinson's Form 4 filing for NUSCALE POWER Corp (SMR).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 15 Feb 2023, 15:20.

Change

Previous filing in this sequence was filed on 12 May 2022.
Current net transaction value: -$791,508.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SMR transaction

Class A Common Stock

Options Exercise

Transaction value: $70,000
Shares: +100,000
Change %
Price: $0.7000^*
Shares after: 100,000
Date: 13 Feb 2023
Ownership: Direct

SMR transaction

Class A Common Stock

Sale

Transaction value: $401,259
Shares: -38,145
Change %: -38%
Price: $10.52
Shares after: 61,855
Date: 13 Feb 2023
Ownership: Direct
Footnotes: F1

SMR transaction

Class A Common Stock

Options Exercise

Transaction value: $69,300
Shares: +99,000
Change %: +160%
Price: $0.7000^*
Shares after: 160,855
Date: 15 Feb 2023
Ownership: Direct

SMR transaction

Class A Common Stock

Sale

Transaction value: $529,549
Shares: -50,660
Change %: -31%
Price: $10.45
Shares after: 110,195
Date: 15 Feb 2023
Ownership: Direct
Footnotes: F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SMR transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -100,000
Change %: -41%
Price: $0.000000
Shares after: 142,480
Date: 13 Feb 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 100,000
Exercise price: $0.7000
Footnotes: F3

SMR transaction Derivative

Employee Stock Option (right to buy)

Options Exercise

Transaction value: $0
Shares: -99,000
Change %: -69%
Price: $0.000000
Shares after: 43,480
Date: 15 Feb 2023
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 99,000
Exercise price: $0.7000
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Dale Atkinson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.33 to $10.735, inclusive. The reporting person undertakes to provide to NuScale Power Corporation, any security holder of NuScale Power Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.31 to $10.54, inclusive. The reporting person undertakes to provide to NuScale Power Corporation, any security holder of NuScale Power Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Footnote F3

The option became exercisable for 25% of the shares on July 1, 2015, and for 1/48th of the shares at the end of each one-month period thereafter, so that the option became fully exercisable on July 1, 2018.