Eric R. Tapia - 30 May 2023 Form 4 Insider Report for TuSimple Holdings Inc. (TSPH)

Role
Chief Financial Officer
Signature
Xin Zhao, Attorney-in-Fact
Issuer symbol
TSPH
Transactions as of
30 May 2023
Net transactions value
+$262,500
Form type
4
Filing time
01 Jun 2023, 17:16:20 UTC
Previous filing
06 Feb 2023
Next filing
01 Sep 2023
SEC
View on sec.gov

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 Units Award $262,500 +87,500 $3.00 87,500 30 May 2023 Class A Common Stock 87,500 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 vest in four equal quarterly installments beginning on August 30, 2023, provided that the Reporting Person remains in continuous service on each such vesting date.