Balaji Sekar - 05 Aug 2022 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Jody Moscato Stanley, as Attorney-in-Fact
Issuer symbol
TASK
Transactions as of
05 Aug 2022
Net transactions value
-$234,207
Form type
4
Filing time
09 Aug 2022, 16:28:01 UTC
Previous filing
10 Aug 2021
Next filing
07 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TASK Class A Common Stock Options Exercise +39,814 39,814 05 Aug 2022 Direct F1
transaction TASK Class A Common Stock Tax liability $234,207 -10,214 -26% $22.93 29,600 05 Aug 2022 Direct F2

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 Options Exercise $0 -39,814 -20% $0.000000 159,257 05 Aug 2022 Class A Common Stock 39,814 Direct F1, F3
* 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).
F2 Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.
F3 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.