Claudia F. Walsh - 01 Apr 2023 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Jody Moscato Stanley as Attorney-in-fact
Issuer symbol
TASK
Transactions as of
01 Apr 2023
Net transactions value
-$66,308
Form type
4
Filing time
04 Apr 2023, 16:58:37 UTC
Previous filing
07 Mar 2023
Next filing
30 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TASK Class A Common Stock Options Exercise +12,500 +113% 23,520 01 Apr 2023 Direct F1
transaction TASK Class A Common Stock Tax liability $66,308 -4,592 -20% $14.44 18,928 01 Apr 2023 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 -12,500 -25% $0.000000 37,500 01 Apr 2023 Class A Common Stock 12,500 Direct F1
* 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 four years as follows: 25% on April 1, 2023; 25% on April 1, 2024; 25% on April 1, 2025, and 25% on April 1, 2026.
F2 Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.