SEC FORM 3

SEC FORM 3 SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Feldman Karin

(Last)

(First)

(Middle)

6650 SW REDWOOD LANE, SUITE 210

(Street)

PORTLAND

97224

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/05/2023

3. Issuer Name and Ticker or Trading Symbol
NUSCALE POWER Corp [ SMR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Interim Chief Operating Office

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (right to buy)	⁽¹⁾	02/22/2029	Class A Common Stock	69,280	4.1	D
Employee Stock Option (right to buy)	⁽²⁾	03/31/2031	Class A Common Stock	129,900	6.41	D
Restricted Stock Unit	⁽³⁾	⁽³⁾	Class A Common Stock	39,216	⁽⁴⁾	D

Explanation of Responses:

1. The option became exercisable for 25% of the shares on February 22, 2020 and for 1/48th of the shares at the end of each one-month period thereafter, becoming fully exercisable February 1, 2023.

2. The option became exercisable for 25% of the shares on March 31, 2022 and for 1/48th of the shares at the end of each one-month period thereafter, becoming fully exercisable April 1, 2024.

3. The restricted stock units vest in three annual installments beginning May 2, 2022. All restricted stock units that are not vested and nonforfeitable will be forfeited to the company upon termination of employment or service.

4. Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.

Remarks:

	Patrick C. Cannon, attorney-in-fact for Karin Feldman	01/13/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.