0000899243-21-048916.txt : 20211217 0000899243-21-048916.hdr.sgml : 20211217 20211217211945 ACCESSION NUMBER: 0000899243-21-048916 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211215 FILED AS OF DATE: 20211217 DATE AS OF CHANGE: 20211217 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mullen James CENTRAL INDEX KEY: 0001852111 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40326 FILM NUMBER: 211503480 MAIL ADDRESS: STREET 1: 9191 TOWNE CENTRE DRIVE STE 600 CITY: SAN DIEGO STATE: CA ZIP: 92122 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: TuSimple Holdings Inc. CENTRAL INDEX KEY: 0001823593 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 862341575 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 9191 TOWNE CENTRE DRIVE, SUITE 600 CITY: SAN DIEGO STATE: CA ZIP: 92122 BUSINESS PHONE: (619) 916-3144 MAIL ADDRESS: STREET 1: 9191 TOWNE CENTRE DRIVE, SUITE 600 CITY: SAN DIEGO STATE: CA ZIP: 92122 FORMER COMPANY: FORMER CONFORMED NAME: Tusimple (Cayman) Ltd DATE OF NAME CHANGE: 20200903 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2021-12-15 0 0001823593 TuSimple Holdings Inc. TSP 0001852111 Mullen James 9191 TOWNE CENTRE DRIVE, STE 600 SAN DIEGO CA 92122 0 1 0 0 See Remarks Class A Common Stock 2021-12-15 4 M 0 625 A 7609 D Class A Common Stock 2021-12-16 4 S 0 52 33.7089 D 7557 D Class A Common Stock 2021-12-16 4 S 0 129 34.3271 D 7428 D Class A Common Stock 2021-12-16 4 M 0 625 A 8053 D Class A Common Stock 2021-12-17 4 S 0 72 31.8777 D 7981 D Class A Common Stock 2021-12-17 4 S 0 117 32.4745 D 7864 D Restricted Stock Unit 2021-12-15 4 M 0 625 D Class A Common Stock 625 29375 D Restricted Stock Unit 2021-12-16 4 M 0 625 D Class A Common Stock 625 28750 D 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. The sales reported represent shares of Class A Common Stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of RSUs. These sales are mandated by the issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and do not represent discretionary trades by the Reporting Person. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $33.03 to $34.02, inclusive. The Reporting Person undertakes to provide to the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range(s) set forth in footnotes 3 to 6 of this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $34.03 to $34.63, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $31.28 to $32.24, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $32.29 to $32.76, inclusive. 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 September 29, 2021 and 6.25% of the RSUs shall vest each quarter thereafter, subject to the Reporting Person's continuous service with the issuer. Chief Administrative and Legal Officer /s/ Laura Donald, Attorney-in-Fact 2021-12-17