Eric R. Tapia - Jan 22, 2024 Form 4 Insider Report for TuSimple Holdings Inc. (TSP)

Signature
Xin Zhao, Attorney-in-Fact
Stock symbol
TSP
Transactions as of
Jan 22, 2024
Transactions value $
$0
Form type
4
Date filed
1/24/2024, 07:44 PM
Previous filing
Nov 3, 2023
Next filing
Jan 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TSP Class A Common Stock Options Exercise +7.61K +9.65% 86.4K Jan 22, 2024 Direct F1
transaction TSP Class A Common Stock Options Exercise +7.92K +9.17% 94.4K Jan 22, 2024 Direct F1
transaction TSP Class A Common Stock Options Exercise +10.9K +11.59% 105K Jan 22, 2024 Direct F1
transaction TSP Class A Common Stock Options Exercise +7.61K +7.22% 113K Jan 23, 2024 Direct F1
transaction TSP Class A Common Stock Options Exercise +7.92K +7.02% 121K Jan 23, 2024 Direct F1
transaction TSP Class A Common Stock Options Exercise +10.9K +9.05% 132K Jan 23, 2024 Direct F1

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 Options Exercise $0 -7.61K -8.33% $0.00 83.7K Jan 22, 2024 Class A Common Stock 7.61K Direct F2
transaction TSP Restricted Stock Units Options Exercise $0 -7.92K -3.85% $0.00 198K Jan 22, 2024 Class A Common Stock 7.92K Direct F3
transaction TSP Restricted Stock Units Options Exercise $0 -10.9K -16.67% $0.00 54.7K Jan 22, 2024 Class A Common Stock 10.9K Direct F4
transaction TSP Restricted Stock Units Options Exercise $0 -7.61K -9.09% $0.00 76.1K Jan 23, 2024 Class A Common Stock 7.61K Direct F2
transaction TSP Restricted Stock Units Options Exercise $0 -7.92K -4% $0.00 190K Jan 23, 2024 Class A Common Stock 7.92K Direct F3
transaction TSP Restricted Stock Units Options Exercise $0 -10.9K -20% $0.00 43.8K Jan 23, 2024 Class A Common Stock 10.9K Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person received Restricted Stock Units ("RSUs") that represent a contingent right to receive one share of Class A Common Stock for each RSU upon the satisfaction of applicable vesting conditions. The shares were issued pursuant to vested RSUs.
F2 The Reporting Person was granted 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.
F3 The Reporting Person was granted 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 in sixteen equal quarterly installments beginning on April 1, 2023, subject to the Reporting Person's continuous service with the issuer on such vesting date.
F4 The Reporting Person was granted 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.