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

Role: Chief Financial Officer
Signature: /s/ James Mullen - Attorney-in-Fact
Stock symbol: TSP
Transactions as of: Apr 1, 2022
Transactions value $: $0
Form type: 4
Date filed: 4/5/2022, 07:14 PM
Previous filing: Mar 17, 2022
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	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.

Content

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.