4//SEC Filing
Tao Zhen 4
Accession 0001628280-24-000864
CIK 0001823593other
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 5:11 PM ET
Size
8.0 KB
Accession
0001628280-24-000864
Insider Transaction Report
Form 4
Tao Zhen
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-01-08+117,188→ 117,188 total - Exercise/Conversion
Restricted Stock Units
2024-01-08−117,188→ 0 total→ Class A Common Stock (117,188 underlying)
Footnotes (3)
- [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 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 and shall vest as follows: the award shall vest in a number of RSUs equal to the product of (x) 156,250 shares multiplied by (y) a fraction, the numerator is the total number of whole months of continuous service as an Outside Director (or other Service Provider) ("Service") between the date of grant and the earliest to occur of (A) the one-year anniversary of the date of grant, (B) the date of the regular annual meeting of the Issuer's stockholders held following the date of grant and (C) the date of a change in control (the earliest to occur of the dates in clauses (A)-(C), the "Vesting Date"), and the denominator of which is 12; provided, that each RSU that does not vest in accordance with foregoing shall be forfeited without consideration on the Vesting Date.
- [F3]Reflects RSUs forfeited for no consideration in accordance with the terms of the RSUs award.
Documents
Issuer
TuSimple Holdings Inc.
CIK 0001823593
Entity typeother
Related Parties
1- filerCIK 0001967161
Filing Metadata
- Form type
- 4
- Filed
- Jan 7, 7:00 PM ET
- Accepted
- Jan 8, 5:11 PM ET
- Size
- 8.0 KB