Kelly L. Tuminelli - 07 Sep 2021 Form 4 Insider Report for TaskUs, Inc. (TASK)

Role
Director
Signature
/s/ Jeffrey Chugg, as Attorney-in-Fact
Issuer symbol
TASK
Transactions as of
07 Sep 2021
Net transactions value
$0
Form type
4
Filing time
09 Sep 2021, 16:44:50 UTC
Next filing
19 Oct 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
transaction TASK Restricted Stock Units Award $0 +3,451 $0.000000 3,451 07 Sep 2021 Class A Common Stock 3,451 Direct F1
transaction TASK Restricted Stock Units Award $0 +1,708 $0.000000 1,708 07 Sep 2021 Class A Common Stock 1,708 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 three years as follows: 33% on September 7, 2022; 33% on September 7, 2023; and 34% on September 7, 2024.
F2 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). 100% of the RSUs will vest on the earlier of either (a) June 14, 2022 or (b) the date of the 2022 Annual Stockholder Meeting.