Claudia F. Walsh - 28 Oct 2023 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Scott Andreasen, as Attorney-in-Fact
Issuer symbol
TASK
Transactions as of
28 Oct 2023
Net transactions value
-$50,861
Form type
4
Filing time
30 Oct 2023, 18:18:02 UTC
Previous filing
04 Apr 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 +16,846 +89% 35,774 28 Oct 2023 Direct F1
transaction TASK Class A Common Stock Tax liability $50,861 -5,826 -16% $8.73 29,948 28 Oct 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 +16,846 +100% $0.000000 33,693 28 Oct 2023 Class A Common Stock 16,846 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 October 28, 2022; 25% on October 28, 2023; 25% on October 28, 2024, and 25% on October 28, 2025.
F2 Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.