Jarrod Johnson - Aug 6, 2021 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Jeffrey Chugg, as Attorney-in-Fact
Stock symbol
TASK
Transactions as of
Aug 6, 2021
Transactions value $
$0
Form type
4
Date filed
8/10/2021, 04:03 PM
Previous filing
Jul 13, 2021
Next filing
Aug 9, 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 +232K $0.00 232K Aug 6, 2021 Class A Common Stock 232K $30.14 Direct F1
transaction TASK Restricted Stock Units Award $0 +199K $0.00 199K Aug 6, 2021 Class A Common Stock 199K Direct F2
transaction TASK Restricted Stock Units Award $0 +66.4K $0.00 66.4K Aug 6, 2021 Class A Common Stock 66.4K 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.