Jacqueline D. Reses - Mar 10, 2023 Form 4 Insider Report for TaskUs, Inc. (TASK)

Role
Director
Signature
/s/ Jody Moscato Stanley, as Attorney-in-Fact
Stock symbol
TASK
Transactions as of
Mar 10, 2023
Transactions value $
-$428,580
Form type
4
Date filed
3/14/2023, 04:28 PM
Previous filing
Dec 8, 2022
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TASK Class A Common Stock Options Exercise $68K +29.2K $2.33* 29.2K Mar 10, 2023 Direct
transaction TASK Class A Common Stock Sale -$497K -29.2K -100% $17.01 0 Mar 10, 2023 Direct F1

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) Options Exercise $0 -29.2K -8.76% $0.00 304K Mar 10, 2023 Class A Common Stock 29.2K $2.33 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.11, inclusive. The Reporting Person will provide, upon the request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2 These stock options vest upon the achievement of certain stock price and investment return performance events determined as of each of June 11, 2022, June 11, 2023 and June 11, 2024. If such performance events are determined to have been met as of such dates, the options shall vest as follows: (a) up to 25% shall be eligible to vest on or after June 11, 2022, (b) up to an additional 25% shall be eligible to vest on or after June 11, 2023, and (c) up to an additional 50% shall be eligible to vest on June 11, 2024.