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

Role: Chief Financial Officer
Signature: Eric Tapia
Issuer symbol: TSPH
Transactions as of: 30 Aug 2023
Net transactions value: $0
Form type: 4
Filing time: 01 Sep 2023, 18:59:20 UTC
Previous filing: 01 Jun 2023
Next filing: 18 Oct 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	Performance Stock Units	Award		+87,500			87,500	30 Aug 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	(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.

Content

(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.