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