James Mullen - Apr 1, 2022 Form 4 Insider Report for TuSimple Holdings Inc. (TSP)

Role
Chief Administrative and Legal Officer
Signature
/s/ James Mullen
Stock symbol
TSP
Transactions as of
Apr 1, 2022
Transactions value $
$0
Form type
4
Date filed
4/5/2022, 07:13 PM
Previous filing
Mar 17, 2022
Next filing
Jun 17, 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 +291K $0.00 291K Apr 1, 2022 Class A Common Stock 291K 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. 12.5% will vest on October 4, 2022 and 12.5% of the RSUs shall vest each six-months thereafter, subject to the Reporting Person's continuous service with the issuer.

Remarks:

Chief Administrative and Legal Officer