LU CHENG enters TUSIMPLE HOLDINGS INC. with 2.13M shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Indirect Derivatives

LU CHENG

Filed: 4/14/2021ACC: 0000899243-21-015857

InsiderLU CHENGCIK 1851981

→

IssuerTUSIMPLE HOLDINGS INC.CIK 1823593

DirectorOfficer· See Remarks

Since Apr 2021

2.13M

Baseline shares

58% direct

1.23M

Direct ownership

1 position

2.85M

Derivative underlying

5 instruments

Security positions

900K indirect

Non-Derivative Holdings2

Common Stock

Indirect

Shares owned900K

Common Stock

Direct

Shares owned1.23M

Total

1.23M direct·900K indirect2.13M

Security Title	Shares Owned	Ownership Type
Common Stock	900K	Indirect
Common Stock	1.23M	Direct
Total	2.13M	1.23M direct·900K indirect

Derivative Holdings5

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

100K

Shares owned

N/A

Exercise price

14.00

Expiration

—

Exercise window

—

Restricted Stock Unit

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

500K

Shares owned

N/A

Exercise price

4.20

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

1.15M

Shares owned

N/A

Exercise price

14.1401

Expiration

—

Exercise window

—

Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

100K

Shares owned

N/A

Exercise price

8.11

Expiration

—

Exercise window

—

Total

Underlying

2.85M

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Option (right to buy) Direct	Common Stock	14.00	—	—	100K	N/A
Restricted Stock Unit Direct	Common Stock		—	—	1M	N/A
Stock Option (right to buy) Direct	Common Stock	4.20	—	—	500K	N/A
Stock Option (right to buy) Direct	Common Stock	14.1401	—	—	1.15M	N/A
Stock Option (right to buy) Direct	Common Stock	8.11	—	—	100K	N/A
Total					2.85M	0.00