Robert K. Temple - 28 Feb 2024 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Signature
Patrick C. Cannon, attorney-in-fact for Robert K. Temple
Issuer symbol
SMR
Transactions as of
28 Feb 2024
Transactions value $
-$29,889
Form type
4
Filing time
01 Mar 2024, 16:31:14 UTC
Previous filing
10 May 2023
Next filing
08 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Options Exercise +26,641 +1,331% 28,642 28 Feb 2024 Direct F1
transaction SMR Class A Common Stock Sale -$29,888 -9,589 -33% $3.12 19,053 29 Feb 2024 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 -26,641 -33% $0 53,281 28 Feb 2024 Class A Common Stock 26,641 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 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.
F3 On July 8, 2022, the reporting person was granted restricted stock units vesting annually in three equal installments beginning on May 2, 2023.
F4 Form 4 filed on March 3, 2023, inaccurately reported the number of restricted stock units granted as 81,428. The correct amount acquired was 79,922. The number of remaining derivative securities owned accurately reflects the balance of this grant.