Form 4 for SMR NUSCALE POWER Corp
Accepted 2024-03-01 00:00:00 ET · period of report 2024-02-28 · accession 0001822966-24-000010 · 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 | 2024-03-01 | 2024-02-29 | SMR | Reyes Jose N Jr | CTO | S - Sale+OE | $3.12 | -10.3K | 461.4K | -2% | -$32.2K |
| DI | 2024-03-01 | 2024-02-28 | SMR | Reyes Jose N Jr | CTO | M - OptEx | — | +26.6K | 471.7K | +6% | — |
| D | 2024-03-01 | 2024-02-28 | SMR | Reyes Jose N Jr | CTO | M - OptEx | $0.00 | -26.6K | 53.3K | -33% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2024-02-29 | S | D | 10,328 | $3.12 | 461,402 | I By Jose N. Reyes, Jr. Trust, dated August 2, 2021 | — | — | (F4) 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. |
| 2 | Common | Class A Common Stock | 2024-02-28 | M | A | 26,641 | — | 471,730 | I By Jose N. Reyes, Jr. Trust, dated August 2, 2021 | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F3) Form 4 filed May 4, 2023, reported 32,679 restricted stock units vested. The Plan Administrator rounded up calculations by 1 share to 32,680 on the first vesting. This resulted in one more share being exercised and owned by the reporting person. (F2) Includes 151,203 shares reported on the reporting person's Form 4 filed May 3, 2023, as being held indirectly by the reporting person through the Donna Jean Reyes Trust, dated August 2, 2021. The shares were subsequently distributed to the Jose N. Reyes Jr. Trust dated August 2, 2021, and the reporting person now holds the shares through such trust. |
| 3 | Derivative | Restricted Stock Unit | 2024-02-28 | M | D | 26,641 | $0.00 | 53,281 | D | — · — to — | 26,641 Class A Common Stock | (F6) 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. (F1) Restricted stock units convert into common stock on a one-for-one basis. (F5) On February 28, 2023, the reporting person was granted 79,922 restricted stock units, vesting in three annual installments beginning on the anniversary of the grant date. |