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

Signature
/s/ Scott Andreasen, as Attorney-in-Fact
Stock symbol
TASK
Transactions as of
Oct 28, 2023
Transactions value $
-$50,861
Form type
4
Date filed
10/30/2023, 06:18 PM
Previous filing
Apr 4, 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 +16.8K +89% 35.8K Oct 28, 2023 Direct F1
transaction TASK Class A Common Stock Tax liability -$50.9K -5.83K -16.29% $8.73 29.9K Oct 28, 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 +16.8K +99.99% $0.00 33.7K Oct 28, 2023 Class A Common Stock 16.8K 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: 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.