4//SEC Filing
Colbert Chris 4
Accession 0001822966-23-000151
CIK 0001822966other
Filed
May 30, 8:00 PM ET
Accepted
May 31, 5:10 PM ET
Size
8.0 KB
Accession
0001822966-23-000151
Insider Transaction Report
Form 4
Colbert Chris
Chief Financial Officer
Transactions
- Conversion
Class A Common Stock
2023-05-31$7.50/sh+75,585$566,888→ 75,585 total(indirect: By Spouse) - Conversion
Paired Interests
2023-05-31−75,585→ 0 total(indirect: By Spouse)→ Class A Common Stock (75,585 underlying)
Footnotes (2)
- [F1]The term "Paired Interests" is used herein to refer to the economic, non-voting Class B Units of NuScale Power, LLC ("Class B Units") and an equal number of paired shares of non-economic, voting Class B Common Stock of the Issuer ("Class B Common Stock"). Pursuant to and subject to the applicable terms and conditions of the limited liability company agreement of NuScale Power, LLC or the certificate of incorporation of the Issuer (each as amended from time to time): (a) the holder of Class B Units has the right, and in certain circumstances the obligation, to exchange a Class B Unit on a one-for-one basis (subject to adjustment from time to time) for, at the option of the Issuer, (i) a share of Class A Common Stock of the Issuer or (ii) an equivalent value of cash in limited circumstances; and (b) upon such an exchange, the Issuer will cancel and retire, for no consideration, the paired share of Class B Common Stock.
- [F2]The Reporting Person's Form 3 contained a typo. 75,586 shares should have been 75,585 shares.
Documents
Issuer
NUSCALE POWER Corp
CIK 0001822966
Entity typeother
Related Parties
1- filerCIK 0001912917
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 5:10 PM ET
- Size
- 8.0 KB