LU CHENG (See Remarks) sold 5.6% of their position (87.80K shares) of TUSIMPLE HOLDINGS INC. on the open market

Open‑market sale worth $3.61M — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

LU CHENG

Filed: 9/9/2021ACC: 0000899243-21-035502

InsiderLU CHENGCIK 1851981

→

IssuerTUSIMPLE HOLDINGS INC.CIK 1823593

DirectorOfficer· See Remarks

Since Apr 2021

-87.80K

Net shares

Net seller

$3.61M

Total sold

Open market trades

0B · 3S

Total transactions

216.67K acquired · 304.47K disposed

Non-Derivative Transactions5

Class A Common Stock

Direct

M · Option Exercise

+108.33K

Price / share

—

Trade value

—

% of position

8.0%

9/7/2021

1.36M→1.46M

Class A Common Stock

Direct

S · Sale

−44.46K

Price / share

$40.15

Trade value

$1.79M

% of position

3.0%

9/8/2021

1.46M→1.42M

Class A Common Stock

Direct

S · Sale

−81.00

Price / share

$41.13

Trade value

$3.33K

% of position

0.0%

9/8/2021

1.42M→1.42M

Class A Common Stock

Direct

M · Option Exercise

+108.33K

Price / share

—

Trade value

—

% of position

7.6%

9/8/2021

1.42M→1.53M

Class A Common Stock

Direct

S · Sale

−43.26K

Price / share

$42.10

Trade value

$1.82M

% of position

2.8%

9/9/2021

1.53M→1.49M

Total

Net shares

+128.87K

Net value

-$3.61M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	9/7/2021	M · Option Exercise	+108.33K	—	—	8.0%	1.36M	1.46M
Class A Common Stock Direct	9/8/2021	S · Sale	−44.46K	$40.15	$1.79M	3.0%	1.46M	1.42M
Class A Common Stock Direct	9/8/2021	S · Sale	−81.00	$41.13	$3.33K	0.0%	1.42M	1.42M
Class A Common Stock Direct	9/8/2021	M · Option Exercise	+108.33K	—	—	7.6%	1.42M	1.53M
Class A Common Stock Direct	9/9/2021	S · Sale	−43.26K	$42.10	$1.82M	2.8%	1.53M	1.49M
Total			+128.87K		-$3.61M

Derivative Transactions2

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Class A Common Stock

108.33K shares

−108.33K

Strike price

Held after

675K

Exercisable

—

9/7/2021

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Class A Common Stock

108.33K shares

−108.33K

Strike price

Held after

566.67K

Exercisable

—

9/8/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Unit Direct	Class A Common Stock108.33K shares	9/7/2021	M · Option Exercise	−108.33K		—	675K
Restricted Stock Unit Direct	Class A Common Stock108.33K shares	9/8/2021	M · Option Exercise	−108.33K		—	566.67K

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Indirect

Shares owned900K

Total

900K indirect900K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	900K	Indirect
Total	900K	900K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported