James Mullen - Jun 29, 2021 Form 4 Insider Report for TuSimple Holdings Inc. (TSP)

Role
Chief Administrative and Legal Officer and Secretary
Signature
/s/ James Mullen
Stock symbol
TSP
Transactions as of
Jun 29, 2021
Transactions value $
$0
Form type
4
Date filed
7/1/2021, 05:15 PM
Next filing
Oct 1, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TSP Restricted Stock Unit Award +125K 125K Jun 29, 2021 Class A Common Stock 125K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted restricted stock units ("RSUs"), which represent a contingent right to receive one share of Class A Common Stock for each RSU. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a four-year period with 25% of the RSUs vesting on the one-year anniversary of March 1, 2021 and 12.5% of the RSUs vesting every six-months thereafter, provided that the Reporting Person remains in continuous service on each such vesting date.

Remarks:

Chief Administrative and Legal Officer and Secretary