Bryce Maddock - 25 Oct 2021 Form 4 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
25 Oct 2021
Net transactions value
-$121,324,344
Form type
4
Filing time
27 Oct 2021, 17:30:19 UTC
Previous filing
17 Jun 2021
Next filing
24 Nov 2021
SEC
View on sec.gov

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 +1,974,799 1,974,799 25 Oct 2021 See Footnote F1, F2
transaction TASK Class A Common Stock Sale $121,324,344 -1,974,799 -100% $61.44* 0 25 Oct 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 -1,974,799 -27% $0.000000 5,221,267 25 Oct 2021 Class A Common Stock 1,974,799 See Footnote F1, F2
holding TASK Class B Common Stock 6,229,840 25 Oct 2021 Class A Common Stock 6,229,840 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 $63.50 public offering price per share of Class A Common Stock, less the underwriting discount of $2.06375 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.