Eric R. Tapia - Aug 30, 2023 Form 4 Insider Report for TuSimple Holdings Inc. (TSP)

Role
Chief Financial Officer
Signature
Eric Tapia
Stock symbol
TSP
Transactions as of
Aug 30, 2023
Transactions value $
$0
Form type
4
Date filed
9/1/2023, 06:59 PM
Previous filing
Jun 1, 2023
Next filing
Oct 18, 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 Performance Stock Units Award +87.5K 87.5K Aug 30, 2023 Class A Common Stock 87.5K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 (1) The Reporting Person was granted Performance Stock Units ("PSUs"), which represent a contingent right to receive one share of Class A Common Stock for each PSU. The performance-based vesting requirement shall be satisfied, and these PSUs shall vest, on the day of filing by the Issuer with the Securities and Exchange Commission of its Form 10-K for the fiscal year ended December 31, 2023, provided that the Reporting Person remains in continuous service on such vesting date.