Bonnie Yi Zhang - Jun 29, 2021 Form 4 Insider Report for TuSimple Holdings Inc. (TSP)

Role
Director
Signature
/s/ James Mullen - Attorney-in-Fact
Stock symbol
TSP
Transactions as of
Jun 29, 2021
Transactions value $
$0
Form type
4
Date filed
7/1/2021, 05:15 PM

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 +8.63K 8.63K Jun 29, 2021 Class A Common Stock 8.63K 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 on the earlier of the one-year anniversary of June 29, 2021 or on the date of the next regular annual meeting of the Company's stockholders held following June 29, 2021, provided that the Reporting Person remains in continuous service through such vesting date.