Bryce Maddock - 03 Jun 2024 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Scott Andreasen, as Attorney-in-Fact
Issuer symbol
TASK
Transactions as of
03 Jun 2024
Net transactions value
$0
Form type
4
Filing time
05 Jun 2024, 17:39:51 UTC
Previous filing
18 Mar 2024
Next filing
18 Jun 2024

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 Award $0 +240,000 $0.000000 240,000 03 Jun 2024 Class A Common Stock 240,000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of performance-based restricted stock units, with each restricted stock unit ("RSU") representing 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 will vest based on the achievement of certain stock price growth thresholds during three performance periods, each of which begins on the date of grant and ends on the first, second and third anniversary of the date of grant, respectively, and, in each case, subject to the Reporting Person's continued employment through the last day of the applicable performance period, as more fully described in the Issuer's Current Report on Form 8-K, filed on June 5, 2024.