Filing Details
- Accession Number:
- 0001822966-24-000010
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-01 16:28:33
- Reporting Period:
- 2024-02-28
- Accepted Time:
- 2024-03-01 16:28:33
- 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 |
|---|---|---|---|---|---|---|---|
| 1912965 | Jr N Jose Reyes | 12725 Sw 66Th Avenue, Suite 107 Portland OR 97223 | Chief Technology Officer | No | Yes | No | 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 | Acquisiton | 2024-02-28 | 26,641 | $0.00 | 471,730 | No | 4 | M | Indirect | By Jose N. Reyes, Jr. Trust, dated August 2, 2021 |
| Class A Common Stock | Disposition | 2024-02-29 | 10,328 | $3.12 | 461,402 | No | 4 | S | Indirect | By Jose N. Reyes, Jr. Trust, dated August 2, 2021 |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Indirect | By Jose N. Reyes, Jr. Trust, dated August 2, 2021 |
| No | 4 | S | Indirect | By Jose N. Reyes, Jr. Trust, dated August 2, 2021 |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Unit | Disposition | 2024-02-28 | 26,641 | $0.00 | 26,641 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 53,281 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Unit | $0.00 | 98,036 | 65,359 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 98,036 | 65,359 | Direct |
Footnotes
- Restricted stock units convert into common stock on a one-for-one basis.
- 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.
- 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.
- 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.
- 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.
- 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.
- On July 8, 2022, the reporting person was granted 98,039 restricted stock units to vest annually in three installments beginning on May 12, 2023.
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