Form 4 for SMR NUSCALE POWER Corp

Accepted 2023-05-31 00:00:00 ET · period of report 2023-05-31 · accession 0001822966-23-000151 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
DI	2023-05-31	2023-05-31	SMR	Colbert Chris	CFO	C - Cnv Deriv	$7.50	+75.6K	75.6K	New	+$566.9K
DI	2023-05-31	2023-05-31	SMR	Colbert Chris	CFO	C - Cnv Deriv	$0.00	-75.6K	0	-100%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class A Common Stock	2023-05-31	C	A	75,585	$7.50	75,585	I By Spouse	—	—
2	Derivative	Paired Interests	2023-05-31	C	D	75,585	$0.00	0	I By spouse	— · — to —	75,585 Class A Common Stock	(F2) The Reporting Person's Form 3 contained a typo. 75,586 shares should have been 75,585 shares. (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"). Pursuant to and subject to the applicable terms and conditions of the limited liability company agreement of NuScale Power, LLC or the certificate of incorporation of the Issuer (each as amended from time to time): (a) the holder of Class B Units has the right, and in certain circumstances the obligation, to exchange a Class B Unit on a one-for-one basis (subject to adjustment from time to time) for, at the option of the Issuer, (i) a share of Class A Common Stock of the Issuer or (ii) an equivalent value of cash in limited circumstances; and (b) upon such an exchange, the Issuer will cancel and retire, for no consideration, the paired share of Class B Common Stock.