Stephan Daoust - 15 Jun 2023 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Steve Amaya, as Attorney-in-Fact
Issuer symbol
TASK
Transactions as of
15 Jun 2023
Net transactions value
-$84,337
Form type
4
Filing time
20 Jun 2023, 06:03:05 UTC
Previous filing
07 Mar 2023
Next filing
08 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TASK Class A Common Stock Options Exercise +30,434 +304% 40,457 15 Jun 2023 Direct F1
transaction TASK Class A Common Stock Tax liability $84,337 -7,411 -18% $11.38 33,046 15 Jun 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 -30,434 -33% $0.000000 60,871 15 Jun 2023 Class A Common Stock 30,434 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 June 15, 2022; 25% on June 15, 2023; 25% on June 15, 2024, and 25% on June 15, 2025.
F2 Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.