Steven Amaya - 15 Sep 2023 Form 4 Insider Report for TaskUs, Inc. (TASK)

Role
Senior Vice President, Finance (Principal Accounting Officer)
Signature
/s/ Scott Andreasen, as Attorney-in-Fact
Issuer symbol
TASK
Transactions as of
15 Sep 2023
Net transactions value
-$8,695
Form type
4
Filing time
19 Sep 2023, 17:52:13 UTC
Previous filing
20 Jun 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 +3,855 +61% 10,170 15 Sep 2023 Direct F1
transaction TASK Class A Common Stock Tax liability $8,695 -939 -9.2% $9.26 9,231 15 Sep 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 -3,855 -50% $0.000000 3,855 15 Sep 2023 Class A Common Stock 3,855 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 two years as follows: 50% on September 15, 2023; and 50% on September 15, 2024.
F2 Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations.

Remarks:

Senior Vice President, Finance (Principal Accounting Officer)