Balaji Sekar - 05 Aug 2024 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Scott Andreasen, as Attorney-in-Fact
Issuer symbol
TASK
Transactions as of
05 Aug 2024
Net transactions value
-$147,946
Form type
4
Filing time
06 Aug 2024, 17:03:41 UTC
Previous filing
18 Mar 2024
Next filing
10 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TASK Class A Common Stock Options Exercise +39,814 +59% 106,805 05 Aug 2024 Direct F1
transaction TASK Class A Common Stock Tax liability $147,946 -9,695 -9.1% $15.26 97,110 05 Aug 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 -39,814 -33% $0.000000 79,629 05 Aug 2024 Class A Common Stock 39,814 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: 20% on August 5, 2022; 20% on August 5, 2023; 20% on August 5, 2024; and 40% on August 5, 2025.
F2 Represents shares withheld in connection with the vesting of restricted stock units to cover tax withholding obligations.