0001822966-24-000010.txt : 20240301 0001822966-24-000010.hdr.sgml : 20240301 20240301162833 ACCESSION NUMBER: 0001822966-24-000010 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240228 FILED AS OF DATE: 20240301 DATE AS OF CHANGE: 20240301 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Reyes Jose N Jr CENTRAL INDEX KEY: 0001912965 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39736 FILM NUMBER: 24710333 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] ORGANIZATION NAME: 04 Manufacturing 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 wk-form4_1709328500.xml FORM 4 X0508 4 2024-02-28 0 0001822966 NUSCALE POWER Corp SMR 0001912965 Reyes Jose N Jr 12725 SW 66TH AVENUE, SUITE 107 PORTLAND OR 97223 0 1 0 0 Chief Technology Officer 0 Class A Common Stock 2024-02-28 4 M 0 26641 A 471730 I By Jose N. Reyes, Jr. Trust, dated August 2, 2021 Class A Common Stock 2024-02-29 4 S 0 10328 3.117 D 461402 I By Jose N. Reyes, Jr. Trust, dated August 2, 2021 Restricted Stock Unit 2024-02-28 4 M 0 26641 0 D Class A Common Stock 26641 53281 D Restricted Stock Unit Class A Common Stock 98036 65359 D 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. Patrick C. Cannon, attorney-in-fact for Jose N. Reyes, Jr. 2024-03-01