DS Asset Management Co., Ltd. - Oct 28, 2022 Form 4 Insider Report for NUSCALE POWER Corp (SMR)

Role
10%+ Owner
Signature
DS Private Equity Co., Ltd. /s/ Steve S. Herr, Managing Director
Stock symbol
SMR
Transactions as of
Oct 28, 2022
Transactions value $
-$1,695,576
Form type
4
Date filed
11/1/2022, 04:10 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMR Class A Common Stock Sale -$1.13M -98.3K -3.73% $11.54 2.54M Oct 28, 2022 Direct F1, F5
transaction SMR Class A Common Stock Sale -$562K -49.4K -1.95% $11.37 2.49M Oct 31, 2022 Direct F2, F5
holding SMR Class A Common Stock 5.21M Oct 28, 2022 Direct F3, F5
holding SMR Class A Common Stock 7.7M Oct 28, 2022 By DS Private Equity Co., Ltd. and DS Asset Management Co., Ltd. F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares of Class A Common Stock of NuScale Power Corporation (the "Company") were sold by DS Asset Management Co., Ltd. in multiple transactions at prices ranging from $11.50 to $11.75, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price within the ranges set forth in footnote (1) to this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares of Class A Common Stock of the Company were sold by DS Asset Management Co., Ltd. in multiple transactions at prices ranging from $11.30 to $11.56, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of Class A Common Stock sold at each separate price within the ranges set forth in footnote (2) to this Form 4.
F3 DS Private Equity Co., Ltd. beneficially owns 5,210,000 shares of Class A Common Stock of the Issuer directly.
F4 Dok Soo Jang beneficially owns shares of Class A Common Stock indirectly through his 60% ownership of DS Private Equity Co., Ltd. and his 87.6% ownership of DS Asset Management Co., Ltd.
F5 Each of DS Asset Management Co., Ltd. and Mr. Jang disclaim beneficial ownership of the reported shares of Class A Common Stock held by DS Private Equity Co., Ltd. and each of DS Private Equity Co., Ltd. and Mr. Jang disclaim beneficial ownership of the reported shares of Class A Common Stock held by DS Asset Management Co., Ltd., except in each case, to the extent of its or his pecuniary interest therein. This report shall not be deemed an admission that DS Private Equity, DS Asset Management or Mr. Jang are beneficial owners of the securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.