0001822966-23-000084.txt : 20230504 0001822966-23-000084.hdr.sgml : 20230504 20230504155304 ACCESSION NUMBER: 0001822966-23-000084 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221122 FILED AS OF DATE: 20230504 DATE AS OF CHANGE: 20230504 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Reyes Jose N Jr CENTRAL INDEX KEY: 0001912965 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39736 FILM NUMBER: 23888391 MAIL ADDRESS: STREET 1: 6650 SW REDWOOD LANE, SUITE 210 CITY: PORTLAND STATE: OR ZIP: 97224 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NUSCALE POWER Corp CENTRAL INDEX KEY: 0001822966 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED PLATE WORK (BOILER SHOPS) [3443] IRS NUMBER: 852715384 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6650 SW REDWOOD LANE, SUITE 210 CITY: PORTLAND STATE: OR ZIP: 97224 BUSINESS PHONE: (971) 371-1592 MAIL ADDRESS: STREET 1: 6650 SW REDWOOD LANE, SUITE 210 CITY: PORTLAND STATE: OR ZIP: 97224 FORMER COMPANY: FORMER CONFORMED NAME: SPRING VALLEY ACQUISITION CORP. DATE OF NAME CHANGE: 20200828 4 1 wf-form4_168322997205874.xml FORM 4 X0407 4 2022-11-22 0 0001822966 NUSCALE POWER Corp SMR 0001912965 Reyes Jose N Jr 6650 SW REDWOOD LANE, SUITE 210 PORTLAND OR 97224 0 1 0 0 Chief Technology Officer 1 Class A Common Stock 2022-11-22 4 C 0 151203 10.92 A 151203 I By Donna Jean Reyes Trust, dated August 2, 2011 Class A Common Stock 2023-05-02 4 M 0 242480 3.24 A 433930 I By Jose N. Reyes, Jr. Trust, dated August 2, 2021 Class A Common Stock 2023-05-02 4 S 0 100000 8.0726 D 333930 I By Jose N. Reyes, Jr. Trust, dated August 2, 2021 Class A Common Stock 2023-05-02 4 M 0 32679 8.54 A 366609 I By Jose N. Reyes, Jr. Trust, dated August 2, 2021 Class A Common Stock 2023-05-03 4 S 0 72724 7.9017 D 293885 I By Jose N. Reyes, Jr. Trust, dated August 2, 2021 Paired Interests 2022-11-22 4 C 0 151203 0 A Class B Common Stock 151203.0 151203 I By Donna Jean Reyes Trust, dated August 2, 2021 Employee Stock Option (right to buy) 3.24 2023-05-02 4 M 0 242480 0 D 2019-08-01 2026-02-19 Class A Common Stock 242480.0 0 I By Jose N. Reyes, Jr. Trust, dated August 2, 2021 Restricted Stock Unit 2023-05-02 4 M 0 32679 0 D Class A Common Stock 32679.0 146788 D The shares sold are to cover the stock option exercise costs and tax withholdings in conjunction with the exercise of 242,480 options granted on 2/19/2016. The balance of unsold share are held as Class A. Shares. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.91 to $8.34, inclusive. The reporting person undertakes to provide to NuScale Power Corporation, any security holder of NuScale Power Corporation, 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 ranges set forth in this footnote. The shares sold are to cover the stock option exercise costs and tax withholdings in conjunction with the exercise of 242,480 options granted on 2/19/2016 and the Restricted Stock Units that vested on 5/2/2023. The balance of unsold share are held as Class A. Shares. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.75 to $8.22, inclusive. The reporting person undertakes to provide to NuScale Power Corporation, any security holder of NuScale Power Corporation, 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 ranges set forth in this footnote. The conversion price of $10.92 is determined on the date of transaction, November 22, 2022. Continental Stock Transfer and Trust Company was notified November 15, 2022, to issue shares of Class A Common Stock for each share of Class B Common Stock, the shares consitute free trade shares. Restricted stock units convert into common stock on a one for one basis. On July 8, 2022, the reporting person was granted 98,039 restricted stock units, vesting in three equal installments beginning on the first anniversary of the merger on May 2, 2023. Patrick C. Cannon, attorney-in-fact for Jose N. Reyes, Jr. 2023-05-03