Xiaodi Hou - Jul 20, 2021 Form 4 Insider Report for TuSimple Holdings Inc. (TSP)

Role
Chief Technology Officer, Director, 10%+ Owner
Signature
/s/ James Mullen - Attorney-in-Fact
Stock symbol
TSP
Transactions as of
Jul 20, 2021
Transactions value $
$0
Form type
4
Date filed
7/21/2021, 05:00 PM
Previous filing
Jul 1, 2021
Next filing
Jun 3, 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 Stock Option (right to buy) Award $0 +400K $0.00 400K Jul 20, 2021 Class A Common Stock 400K $47.79 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock option is subject to a service-based vesting requirement, which shall be satisfied over a four-year period with 25% vesting on the one-year anniversary of July 20, 2021 and 12.5% vesting every six-months thereafter, provided that the Reporting Person remains in continuous service on each such vesting date.