Eric R. Tapia - 29 Jun 2021 Form 4 Insider Report for TuSimple Holdings Inc. (TSPH)

Signature
/s/ James Mullen - Attorney-in-Fact
Issuer symbol
TSPH
Transactions as of
29 Jun 2021
Net transactions value
$0
Form type
4
Filing time
01 Jul 2021, 17:15:26 UTC
Previous filing
11 May 2021
Next filing
03 May 2022

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 $0 +33,000 $0.000000 33,000 29 Jun 2021 Class A Common Stock 33,000 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 each anniversary of May 3, 2021, subject to the Reporting Person's continuous service with the issuer on each such date.

Remarks:

Vice President, Global Controller