Filing Details
- Accession Number:
- 0000899243-22-016481
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-05-03 20:57:25
- Reporting Period:
- 2022-05-02
- Accepted Time:
- 2022-05-03 20:57:25
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1823593 | Tusimple Holdings Inc. | TSP | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1686328 | R Eric Tapia | 9191 Towne Centre Drive, Ste 600 San Diego CA 92122 | See Remarks | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2022-05-02 | 4,125 | $0.00 | 4,882 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2022-05-02 | 1,232 | $10.37 | 3,650 | No | 4 | S | Direct | |
| Class A Common Stock | Acquisiton | 2022-05-03 | 4,125 | $0.00 | 7,775 | No | 4 | M | Direct | |
| Class A Common Stock | Disposition | 2022-05-03 | 1,292 | $10.24 | 6,483 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Restricted Stock Unit | Disposition | 2022-05-02 | 4,125 | $0.00 | 4,125 | $0.00 |
| Class A Common Stock | Restricted Stock Unit | Disposition | 2022-05-03 | 4,125 | $0.00 | 4,125 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 28,875 | No | 4 | M | Direct | ||
| 24,750 | No | 4 | M | Direct |
Footnotes
- 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.
- Includes 757 shares acquired under the Issuer's 2021 Employee Stock Purchase Plan on February 28, 2022. This transaction is exempt pursuant to Rule 16b-3(c).
- 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 $10.28 to $10.57, 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 footnote 4 of this Form 4.
- 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, with 25% of the RSUs vesting on each anniversary of May 3, 2021, subject to the Reporting Person's continuous service with the issuer on each such date.
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