Balaji Sekar - Aug 5, 2023 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Steve Amaya, as Attorney-in-Fact
Stock symbol
TASK
Transactions as of
Aug 5, 2023
Transactions value $
-$119,249
Form type
4
Date filed
8/7/2023, 07:09 PM
Previous filing
Mar 7, 2023
Next filing
Mar 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TASK Class A Common Stock Options Exercise +39.8K +134.51% 69.4K Aug 5, 2023 Direct F1
transaction TASK Class A Common Stock Tax liability -$119K -9.7K -13.97% $12.30 59.7K Aug 5, 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 -39.8K -25% $0.00 119K Aug 5, 2023 Class A Common Stock 39.8K 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: 20% on August 5, 2022; 20% on August 5, 2023; 20% on August 5, 2024; and 40% on August 5, 2025.
F2 Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations.