STERLING MICHELLE M 4
4 · TuSimple Holdings Inc. · Filed Jun 15, 2022
Insider Transaction Report
Form 4
STERLING MICHELLE M
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2022-06-13−3,708→ 0 total→ Class A Common Stock (3,708 underlying) - Award
Restricted Stock Unit
2022-06-15+27,856→ 27,856 total→ Class A Common Stock (27,856 underlying) - Exercise/Conversion
Class A Common Stock
2022-06-13+3,708→ 4,958 total
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]Includes 1,250 shares of the Issuer's Class A Common Stock acquired by the Reporting Person in 2021 pursuant to an award of RSUs in connection with a consulting agreement.
- [F3]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 on the earlier of the first day of the month that follows the one-year anniversary of October 18, 2021 or on the date of the next regular annual meeting of the Company's stockholders held following October 18, 2021, provided that the Reporting Person remains in continuous service through such vesting date.
- [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 on the earlier of (i) June 15, 2023 or (ii) on the date of the issuer's next annual meeting of stockholders, subject to the Reporting Person's continuous service with the issuer on such vesting date.