Bryce Maddock - 11 Jun 2021 Form 3 Insider Report for TaskUs, Inc. (TASK)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Jeffrey Chugg, as Attorney-in-Fact
Issuer symbol
TASK
Transactions as of
11 Jun 2021
Net transactions value
$0
Form type
3
Filing time
11 Jun 2021, 21:12:16 UTC
Next filing
17 Jun 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding TASK Class B Common Stock 11 Jun 2021 Class A Common Stock 6,229,840 See Footnote F1, F2
holding TASK Class B Common Stock 11 Jun 2021 Class A Common Stock 8,770,160 See Footnote F1, F3
holding TASK Stock Options 11 Jun 2021 Class A Common Stock 551,177 $23.00 Direct F4
holding TASK Restricted Stock Units 11 Jun 2021 Class A Common Stock 1,102,354 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Class B common stock of the Issuer ("Class B Common Stock") is entitled to ten votes per share and is convertible at any time into one share of Class A common stock of the Issuer ("Class A Common Stock"). Each share of Class B Common Stock will convert automatically upon certain transfers and upon the occurrence of certain events set forth in the Issuer's Amended and Restated Certificate of Incorporation.
F2 Reflects securities held by The Maddock 2015 Irrevocable Trust, of which the Reporting Person is the business trustee.
F3 Reflects securities held by The Bryce Maddock Family Trust, of which the Reporting Person is the trustee.
F4 These stock options vest over four years in quarterly installments beginning on September 15, 2021.
F5 Represents restricted stock units that vest over four years in quarterly installments beginning on September 15, 2021. Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock. The restricted stock units will be settled in either Class A common stock or cash (or a combination thereof).

Remarks:

The Reporting Person disclaims beneficial ownership over the securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein. Exhibit 24 - Power of Attorney