Francis Karen C 4
4 · TuSimple Holdings Inc. · Filed Dec 17, 2021
Insider Transaction Report
Form 4
Francis Karen C
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2021-12-15+4,420→ 84,822 total - Exercise/Conversion
Restricted Stock Unit
2021-12-15−4,420→ 0 total→ Class A Common Stock (4,420 underlying)
Holdings
- 20,000(indirect: By Trust)
Class A Common Stock
- 20,000(indirect: By Trust)
Class A Common Stock
Footnotes (4)
- [F1]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.
- [F2]The shares are held by the Karen C. Francis Second Restated Revocable Trust dated 1.30.2012, of which the Reporting Person is trustee.
- [F3]The shares are held by the Richard C. DeGolia Trust dated 8.27.2004, of which the Reporting Person's spouse is trustee.
- [F4]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 one-year period. 25% of the RSUs vested on March 15, 2021 and 25% of the RSUs shall vest each quarter thereafter, subject to the Reporting Person's continuous service with the issuer.