Filing Details

Accession Number:
0001628280-24-002276
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-01-25 18:12:30
Reporting Period:
2024-01-23
Accepted Time:
2024-01-25 18:12:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1823593 Tusimple Holdings Inc. TSP Services-Computer Integrated Systems Design (7373) 862341575
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1851981 Cheng Lu 9191 Towne Centre Drive, Ste 150
San Diego CA 92122
Ceo And Director Yes 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 Disposition 2024-01-23 129,676 $0.40 2,446,152 No 4 S Direct
Class A Common Stock Disposition 2024-01-24 106,832 $0.36 2,339,320 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock 900,000 Indirect By LLC
Footnotes
  1. 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 Restricted Stock Units. 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.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.3799 to $0.4291, inclusive. The Reporting Person undertakes to provide to the Issuer, and security holder of 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 this Form 4.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices within the range of $0.3399 to $0.4081, inclusive. The Reporting Person undertakes to provide to the Issuer, and security holder of 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 this Form 4.
  4. The shares are held by Hickory Wood Grove LLC, a limited liability company incorporated in Delaware and deemed beneficially owned by the Reporting Person.