Balaji Sekar - 06 Mar 2024 Form 4 Insider Report for TaskUs, Inc. (TASK)

Role
Chief Financial Officer
Signature
/s/ Scott Andreasen, as Attorney-in-Fact
Issuer symbol
TASK
Transactions as of
06 Mar 2024
Net transactions value
-$36,901
Form type
4
Filing time
08 Mar 2024, 17:50:14 UTC
Previous filing
07 Aug 2023
Next filing
18 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 +10,137 +17% 69,856 06 Mar 2024 Direct F1
transaction TASK Class A Common Stock Tax liability $36,901 -2,865 -4.1% $12.88 66,991 06 Mar 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 -10,137 -33% $0.000000 20,583 06 Mar 2024 Class A Common Stock 10,137 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.