Filing Details
- Accession Number:
- 0001213900-23-010822
- Form Type:
- 5
- Zero Holdings:
- No
- Publication Time:
- 2023-02-13 17:11:44
- Reporting Period:
- 2022-12-31
- Accepted Time:
- 2023-02-13 17:11:44
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1822966 | Nuscale Power Corp | SMR | Fabricated Plate Work (Boiler Shops) (3443) | 852715384 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1932335 | Ibk Securities Co., Ltd. | 11 Gukjegeumyung-Ro 6-Gil Yeongdeungpo-Gu Seoul M5 07330 | No | No | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Disposition | 2022-07-20 | 83,860 | $11.30 | 200,000 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2022-08-08 | 7,000 | $15.12 | 193,000 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2022-08-09 | 28,000 | $14.97 | 165,000 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2022-08-24 | 15,000 | $15.38 | 150,000 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2022-08-25 | 10,000 | $15.27 | 140,000 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2022-08-26 | 2,411 | $14.89 | 137,589 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2022-09-06 | 37,589 | $14.43 | 100,000 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2022-09-26 | 13,824 | $12.38 | 86,176 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2022-10-05 | 43,000 | $11.66 | 43,176 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2022-10-06 | 43,176 | $11.53 | 0 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2022-08-26 | 372,420 | $0.00 | 372,420 | No | 4 | C | Indirect | Next Tech 2 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Disposition | 2022-12-07 | 35,000 | $10.88 | 337,420 | No | 4 | S | Indirect | Next Tech 2 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Disposition | 2022-12-08 | 35,000 | $10.97 | 302,420 | No | 4 | S | Indirect | Next Tech 2 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Acquisiton | 2022-11-16 | 4,241,765 | $0.00 | 4,241,765 | No | 4 | C | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Disposition | 2022-11-28 | 52,489 | $11.02 | 4,189,276 | No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Disposition | 2022-11-29 | 50,000 | $10.77 | 4,139,276 | No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Disposition | 2022-11-30 | 53,376 | $10.84 | 4,085,900 | No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Disposition | 2022-12-01 | 50,000 | $10.92 | 4,035,900 | No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Disposition | 2022-12-02 | 71,927 | $10.97 | 3,963,973 | No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Disposition | 2022-12-05 | 50,000 | $10.94 | 3,913,973 | No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Disposition | 2022-12-06 | 51,329 | $10.88 | 3,862,644 | No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Disposition | 2022-12-07 | 96,659 | $10.89 | 3,765,985 | No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| Class A Common Stock | Disposition | 2022-12-08 | 88,198 | $10.98 | 3,677,787 | No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | C | Indirect | Next Tech 2 New Technology Investment Fund. See Footnote |
| No | 4 | S | Indirect | Next Tech 2 New Technology Investment Fund. See Footnote |
| No | 4 | S | Indirect | Next Tech 2 New Technology Investment Fund. See Footnote |
| No | 4 | C | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
| No | 4 | S | Indirect | Next Tech 1 New Technology Investment Fund. See Footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Class B Common Stock | Disposition | 2022-08-26 | 372,420 | $0.00 | 372,420 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2022-11-16 | 4,241,765 | $0.00 | 4,241,765 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | C | Indirect | ||
| 0 | No | 4 | C | Indirect |
Footnotes
- The reported securities of the Issuer were directly held by IBK Securities Co., Ltd. ("IBKS").
- Reflects the exchange of 372,420 shares of Class B common stock, par value $0.0001 per share ("Class B Common Stock"), of the Issuer, each paired with one Class B Unit of NuScale Power, LLC, for 372,420 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of the Issuer.
- The reported securities were directly held by Next Tech 2 New Technology Investment Fund ("Next Tech 2"). IBKS is, together with BH Investment and Liberty Ltd. ("BHI"), a co-general partner of Next Tech 2. IBKS disclaims any beneficial ownership of the securities held by NextTech 2, other than to the extent of any pecuniary interest it may have therein, directly or indirectly.
- Reflects the exchange of 4,241,765 shares of Class B common stock, par value $0.0001 per share ("Class B Common Stock"), of the Issuer, each paired with one Class B Unit of NuScale Power, LLC, for 4,241,765 shares of Class A Common Stock.
- The reported securities were, or are, directly held by Next Tech 1 New Technology Investment Fund ("Next Tech 1"). IBKS is, together with BH Investment and Liberty Ltd. ("BHI"), a co-general partner of Next Tech 1. IBKS disclaims any beneficial ownership of the securities held by NextTech 1, other than to the extent of any pecuniary interest it may have therein, directly or indirectly.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.0069 to $11.2400, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 range set forth herein.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.8380 to $10.9100, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 range set forth herein.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.8200 to $11.1200, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 range set forth herein.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.8789 to $11.0000, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 range set forth herein.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.8400 to $11.0400, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 range set forth herein.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.9200 to $11.0700, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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 range set forth herein.
- Industrial Bank of Korea ("IBK"), as the controlling person of IBKS, and the Republic of Korea Ministry of Economy and Finance ("MOEF"), as the controlling person of IBK, are deemed to be indirect beneficial owners of the shares of Class A Common Stock owned by IBKS, Next Tech 1 and Next Tech 2 and the shares of Class B Common Stock owned by NuScale Korea. IBK and MOEF disclaim any beneficial ownership of the securities held by IBKS, Next Tech 1, Next Tech 2, and NuScale Korea, other than to the extent of any pecuniary interest they may have therein, directly or indirectly.
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