Jarrod Johnson - 06 Aug 2021 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Jeffrey Chugg, as Attorney-in-Fact
Issuer symbol
TASK
Transactions as of
06 Aug 2021
Net transactions value
$0
Form type
4
Filing time
10 Aug 2021, 16:03:25 UTC
Previous filing
13 Jul 2021
Next filing
09 Aug 2022

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 Stock Options (right to buy) Award $0 +232,250 $0.000000 232,250 06 Aug 2021 Class A Common Stock 232,250 $30.14 Direct F1
transaction TASK Restricted Stock Units Award $0 +199,071 $0.000000 199,071 06 Aug 2021 Class A Common Stock 199,071 Direct F2
transaction TASK Restricted Stock Units Award $0 +66,357 $0.000000 66,357 06 Aug 2021 Class A Common Stock 66,357 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock options vest annually over four years as follows: 20% on August 5, 2022; 20% on August 5, 2023; 20% on August 5, 2024; and 40% on August 5, 2025.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A common stock of the Issuer. The RSUs will be settled in either Class A common stock of the Issuer or cash (or a combination thereof). These RSUs vest annually over four years as follows: 20% on August 5, 2022; 20% on August 5, 2023; 20% on August 5, 2024; and 40% on August 5, 2025.
F3 Each RSU represents a contingent right to receive one share of Class A common stock of the Issuer. The RSUs will be settled in either Class A common stock of the Issuer or cash (or a combination thereof). These RSUs vest based on the Issuer's market capitalization compound annual growth rate over a four-year performance period beginning on the grant date and ending on the fourth anniversary of the grant date. The number of RSUs reported represents the target number awarded on the grant date. The number that would be received upon vesting, if any, may vary from 0% to 100% of the target number shown.