Bryce Maddock - Jun 15, 2021 Form 4 Insider Report for TaskUs, Inc. (TASK)

Role
Chief Executive Officer, Director, 10%+ Owner
Signature
/s/ Jeffrey Chugg, as Attorney-in-Fact
Stock symbol
TASK
Transactions as of
Jun 15, 2021
Transactions value $
-$34,212,933
Form type
4
Date filed
6/17/2021, 09:05 PM
Previous filing
Jun 11, 2021
Next filing
Oct 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TASK Class A Common Stock Conversion of derivative security +1.57M 1.57M Jun 15, 2021 See Footnote F1, F2
transaction TASK Class A Common Stock Sale -$34.2M -1.57M -100% $21.74 0 Jun 15, 2021 See Footnote F2, F3

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
transaction TASK Class B Common Stock Conversion of derivative security $0 -1.57M -17.95% $0.00 7.2M Jun 15, 2021 Class A Common Stock 1.57M See Footnote F1, F2
holding TASK Class B Common Stock 6.23M Jun 15, 2021 Class A Common Stock 6.23M See Footnote F1, F4
* 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 Bryce Maddock Family Trust, of which the Reporting Person is the trustee.
F3 This amount represents the $23.00 initial public offering price per share of Class A Common Stock, less the underwriting discount of $1.265 per share.
F4 Reflects securities held by The Maddock 2015 Irrevocable Trust, of which the Reporting Person is the business trustee. 65,622 of these shares are held on behalf of The Maddock 2015 Exempt Irrevocable Trust, of which the Reporting Person is the business trustee.

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.