Balaji Sekar - 05 Aug 2023 Form 4 Insider Report for TaskUs, Inc. (TASK)

Role
Chief Financial Officer
Signature
/s/ Steve Amaya, as Attorney-in-Fact
Issuer symbol
TASK
Transactions as of
05 Aug 2023
Net transactions value
-$119,248
Form type
4
Filing time
07 Aug 2023, 19:09:16 UTC
Previous filing
07 Mar 2023
Next filing
08 Mar 2024
SEC
View on sec.gov

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 +135% 69,414 05 Aug 2023 Direct F1
transaction TASK Class A Common Stock Tax liability $119,248 -9,695 -14% $12.30 59,719 05 Aug 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 -39,814 -25% $0.000000 119,443 05 Aug 2023 Class A Common Stock 39,814 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.