0000899243-21-049304.txt : 20211222
0000899243-21-049304.hdr.sgml : 20211222
20211221212206
ACCESSION NUMBER: 0000899243-21-049304
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211217
FILED AS OF DATE: 20211221
DATE AS OF CHANGE: 20211221
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Lu Cheng
CENTRAL INDEX KEY: 0001851981
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40326
FILM NUMBER: 211510833
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
2021-12-17
0
0001823593
TuSimple Holdings Inc.
TSP
0001851981
Lu Cheng
9191 TOWNE CENTRE DRIVE, STE 600
SAN DIEGO
CA
92122
1
1
0
0
President and CEO
Class A Common Stock
2021-12-17
4
M
0
21875
A
1715233
D
Class A Common Stock
2021-12-20
4
S
0
6452
31.3421
D
1708781
D
Class A Common Stock
2021-12-20
4
S
0
2684
31.8424
D
1706097
D
Class A Common Stock
2021-12-20
4
M
0
21875
A
1727972
D
Class A Common Stock
2021-12-21
4
S
0
5016
33.3249
D
1722956
D
Class A Common Stock
2021-12-21
4
S
0
3378
34.0093
D
1719578
D
Class A Common Stock
900000
I
By LLC
Restricted Stock Unit
2021-12-17
4
M
0
21875
D
Class A Common Stock
21875
196875
D
Restricted Stock Unit
2021-12-20
4
M
0
21875
D
Class A Common Stock
21875
175000
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 $30.78 to $31.66, 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 $31.75 to $32.02, 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 $32.75 to $33.74, 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 $33.75 to $34.21, inclusive.
The shares are held by Hickory Wood Grove LLC, a limited liability company incorporated in Delaware and deemed beneficially owned by the Reporting Person.
Represents the settlement of vested RSUs. The Reporting Person was previously granted RSUs that 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 three-year period. 30% of the RSUs vested on June 30, 2020 and 8.75% of the RSUs shall vest each quarter thereafter, subject to the Reporting Person's continuous service with the issuer.
/s/ Laura Donald - Attorney-in-Fact
2021-12-21