Chung Bum-Jin 4
4 · NUSCALE POWER Corp · Filed May 31, 2023
Insider Transaction Report
Form 4
Chung Bum-Jin
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2023-03-01+2,676→ 2,676 total - Exercise/Conversion
Restricted Stock Unit
2023-05-26−1,733→ 9,250 total→ Class A Common Stock (1,733 underlying) - Award
Restricted Stock Unit
2023-05-26+14,120→ 14,120 total→ Class A Common Stock (14,120 underlying) - Exercise/Conversion
Class A Common Stock
2023-05-26+1,733→ 4,409 total - Award
Restricted Stock Unit
2022-12-01+13,659→ 13,659 total→ Class A Common Stock (13,659 underlying) - Exercise/Conversion
Restricted Stock Unit
2023-03-01−2,676→ 10,983 total→ Class A Common Stock (1,835 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- [F2]On December 1, 2022, Mr. Chung joined the board. The board awarded him 7,339 restricted stock units as the 2022 annual award that will vest quarterly beginning March 1, 2023, until it is vested after one year, and 10,091 restricted stock units as a one-time award that will vest quarterly beginning March 1, 2023, over three years. All units not vested and nonforfeitable will be forfeited to the Company upon termination of service. On May 26, 2023, the board approved the accelerated vesting of all shares under the annual award through May 26, 2023, and canceled the remainder of the award.
- [F3]On May 26, 2023, the board awarded 14,120 restricted stock units as the annual award that will vest quarterly beginning August 26, 2023, until it is vested after one year. All restricted stock units that are not vested and nonforfeitable will be forfeited to the Company upon termination of service.