Eric R. Tapia - Jul 21, 2022 Form 4 Insider Report for TuSimple Holdings Inc. (TSP)

Role
Vice President, Global Controller
Signature
/s/ James Mullen, Attorney-in-Fact
Stock symbol
TSP
Transactions as of
Jul 21, 2022
Transactions value $
$0
Form type
4
Date filed
7/25/2022, 06:42 PM
Previous filing
May 3, 2022
Next filing
Feb 6, 2023

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 +122K $0.00 122K Jul 21, 2022 Class A Common Stock 122K 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. 25% will vest on July 7, 2023 and 12.5% of the RSUs shall vest each six-months thereafter, subject to the Reporting Person's continuous service with the issuer.

Remarks:

Vice President, Global Controller