Lu Cheng 4
4 · TuSimple Holdings Inc. · Filed Jan 24, 2024
Insider Transaction Report
Form 4
Lu Cheng
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Class A Common Stock
2024-01-22+428,125→ 2,147,703 total - Exercise/Conversion
Class A Common Stock
2024-01-23+428,125→ 2,575,828 total - Exercise/Conversion
Restricted Stock Units
2024-01-23−428,125→ 2,568,750 total→ Class A Common Stock (428,125 underlying) - Exercise/Conversion
Restricted Stock Units
2024-01-22−428,125→ 2,996,875 total→ Class A Common Stock (428,125 underlying)
Holdings
- 900,000(indirect: By LLC)
Class A Common Stock
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 shares are held by Hickory Wood Grove LLC, a limited liability company incorporated in Delaware and deemed beneficially owned by the Reporting Person.
- [F3]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. These RSUs are subject to a service-based vesting requirement, which shall vest in four equal annual installments beginning on November 10, 2023, provided that the Reporting Person remains in continuous service on each such vesting date.