Home/Filings/5/0001213900-23-010822
5//SEC Filing

IBK Securities Co., Ltd. 5

Accession 0001213900-23-010822

CIK 0001822966other

Filed

Feb 12, 7:00 PM ET

Accepted

Feb 13, 5:11 PM ET

Size

53.7 KB

Accession

0001213900-23-010822

Insider Transaction Report

Form 5
Period: 2022-12-31
Transactions
  • Sale

    Class A Common Stock

    2022-07-20$11.30/sh83,860$947,534200,000 total
  • Sale

    Class A Common Stock

    2022-08-08$15.12/sh7,000$105,835193,000 total
  • Sale

    Class A Common Stock

    2022-08-09$14.97/sh28,000$419,096165,000 total
  • Sale

    Class A Common Stock

    2022-08-24$15.38/sh15,000$230,741150,000 total
  • Sale

    Class A Common Stock

    2022-08-25$15.27/sh10,000$152,736140,000 total
  • Sale

    Class A Common Stock

    2022-08-26$14.89/sh2,411$35,898137,589 total
  • Sale

    Class A Common Stock

    2022-09-06$14.43/sh37,589$542,338100,000 total
  • Sale

    Class A Common Stock

    2022-09-26$12.38/sh13,824$171,17386,176 total
  • Sale

    Class A Common Stock

    2022-10-05$11.66/sh43,000$501,53943,176 total
  • Sale

    Class A Common Stock

    2022-10-06$11.53/sh43,176$497,6940 total
  • Conversion

    Class A Common Stock

    2022-08-26+372,420372,420 total(indirect: Next Tech 2 New Technology Investment Fund. See Footnote)
  • Sale

    Class A Common Stock

    2022-12-07$10.88/sh35,000$380,674337,420 total(indirect: Next Tech 2 New Technology Investment Fund. See Footnote)
  • Sale

    Class A Common Stock

    2022-12-08$10.97/sh35,000$384,010302,420 total(indirect: Next Tech 2 New Technology Investment Fund. See Footnote)
  • Conversion

    Class A Common Stock

    2022-11-16+4,241,7654,241,765 total(indirect: Next Tech 1 New Technology Investment Fund. See Footnote)
  • Sale

    Class A Common Stock

    2022-11-28$11.02/sh52,489$578,3874,189,276 total(indirect: Next Tech 1 New Technology Investment Fund. See Footnote)
  • Sale

    Class A Common Stock

    2022-11-29$10.77/sh50,000$538,5104,139,276 total(indirect: Next Tech 1 New Technology Investment Fund. See Footnote)
  • Sale

    Class A Common Stock

    2022-11-30$10.84/sh53,376$578,6074,085,900 total(indirect: Next Tech 1 New Technology Investment Fund. See Footnote)
  • Sale

    Class A Common Stock

    2022-12-01$10.92/sh50,000$546,0054,035,900 total(indirect: Next Tech 1 New Technology Investment Fund. See Footnote)
  • Sale

    Class A Common Stock

    2022-12-02$10.97/sh71,927$789,1763,963,973 total(indirect: Next Tech 1 New Technology Investment Fund. See Footnote)
  • Sale

    Class A Common Stock

    2022-12-05$10.94/sh50,000$547,1753,913,973 total(indirect: Next Tech 1 New Technology Investment Fund. See Footnote)
  • Sale

    Class A Common Stock

    2022-12-06$10.88/sh51,329$558,5113,862,644 total(indirect: Next Tech 1 New Technology Investment Fund. See Footnote)
  • Sale

    Class A Common Stock

    2022-12-07$10.89/sh96,659$1,052,9163,765,985 total(indirect: Next Tech 1 New Technology Investment Fund. See Footnote)
  • Sale

    Class A Common Stock

    2022-12-08$10.98/sh88,198$967,9913,677,787 total(indirect: Next Tech 1 New Technology Investment Fund. See Footnote)
  • Conversion

    Class B Common Stock

    2022-08-26372,4200 total(indirect: See Footnote)
    Class A Common Stock (372,420 underlying)
  • Conversion

    Class B Common Stock

    2022-11-164,241,7650 total(indirect: See Footnote)
    Class A Common Stock (4,241,765 underlying)
Footnotes (12)
  • [F1]The reported securities of the Issuer were directly held by IBK Securities Co., Ltd. ("IBKS").
  • [F10]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.
  • [F11]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.
  • [F12]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.
  • [F2]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.
  • [F3]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.
  • [F4]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.
  • [F5]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.
  • [F6]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.
  • [F7]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.
  • [F8]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.
  • [F9]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.

Documents

1 file

Issuer

NUSCALE POWER Corp

CIK 0001822966

Entity typeother
IncorporatedKorea, Republic of

Related Parties

1
  • filerCIK 0001932335

Filing Metadata

Form type
5
Filed
Feb 12, 7:00 PM ET
Accepted
Feb 13, 5:11 PM ET
Size
53.7 KB