Balaji Sekar - Mar 6, 2024 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Scott Andreasen, as Attorney-in-Fact
Stock symbol
TASK
Transactions as of
Mar 6, 2024
Transactions value $
-$36,901
Form type
4
Date filed
3/8/2024, 05:50 PM
Previous filing
Aug 7, 2023
Next filing
Mar 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TASK Class A Common Stock Options Exercise +10.1K +16.97% 69.9K Mar 6, 2024 Direct F1
transaction TASK Class A Common Stock Tax liability -$36.9K -2.87K -4.1% $12.88 67K Mar 6, 2024 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 -10.1K -33% $0.00 20.6K Mar 6, 2024 Class A Common Stock 10.1K 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 three years as follows: 33% on March 6, 2024; 33% on March 6, 2025; and 34% on March 6, 2026.
F2 Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations.