0000899243-22-021079.txt : 20220603 0000899243-22-021079.hdr.sgml : 20220603 20220603182612 ACCESSION NUMBER: 0000899243-22-021079 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220601 FILED AS OF DATE: 20220603 DATE AS OF CHANGE: 20220603 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Dillon Patrick CENTRAL INDEX KEY: 0001851986 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40326 FILM NUMBER: 22996205 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 2022-06-01 0 0001823593 TuSimple Holdings Inc. TSP 0001851986 Dillon Patrick 9191 TOWNE CENTRE DRIVE, STE 600 SAN DIEGO CA 92122 0 1 0 0 Chief Financial Officer Class A Common Stock 2022-06-01 4 M 0 1250 A 15425 D Class A Common Stock 2022-06-02 4 S 0 621 8.7218 D 14804 D Class A Common Stock 2022-06-02 4 M 0 1250 A 16054 D Class A Common Stock 2022-06-03 4 S 0 711 8.49 D 15343 D Restricted Stock Unit 2022-06-01 4 M 0 1250 D Class A Common Stock 1250 8750 D Restricted Stock Unit 2022-06-02 4 M 0 1250 D Class A Common Stock 1250 7500 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 $8.59 to $8.83, 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 this Form 4. The Reporting Person was granted restricted stock units ("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 with 25% of the RSUs vesting on June 1, 2022 and 12.5% of the RSUs vesting every six-months thereafter, provided that the Reporting Person remains in continuous service on each such vesting date. /s/ Patrick Dillon 2022-06-03