Steven Amaya - Dec 13, 2024 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Scott Andreasen, as Attorney-in-Fact
Stock symbol
TASK
Transactions as of
Dec 13, 2024
Transactions value $
-$788,792
Form type
4
Date filed
12/17/2024, 07:47 PM
Previous filing
Sep 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TASK Class A Common Stock Options Exercise $571K +47.8K +276.45% $11.96 65K Dec 13, 2024 Direct
transaction TASK Class A Common Stock Options Exercise $24.5K +10.5K +16.2% $2.33 75.6K Dec 13, 2024 Direct
transaction TASK Class A Common Stock Sale -$75.3K -4.4K -5.82% $17.13 71.2K Dec 13, 2024 Direct F1, F2
transaction TASK Class A Common Stock Sale -$1.29M -71.2K -100% $18.17 0 Dec 13, 2024 Direct F1, F3
transaction TASK Class A Common Stock Options Exercise $31.1K +2.6K $11.96 2.6K Dec 16, 2024 Direct
transaction TASK Class A Common Stock Sale -$47K -2.6K -100% $18.08 0 Dec 16, 2024 Direct F1, F4

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 Stock Options (right to buy) Options Exercise $0 -47.8K -23.56% $0.00 155K Dec 13, 2024 Class A Common Stock 47.8K $11.96 Direct F5, F6
transaction TASK Stock Options (right to buy) Options Exercise $0 -10.5K -100% $0.00 0 Dec 13, 2024 Class A Common Stock 10.5K $2.33 Direct F5, F6
transaction TASK Stock Options (right to buy) Options Exercise $0 -2.6K -1.68% $0.00 152K Dec 16, 2024 Class A Common Stock 2.6K $11.96 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 13, 2024.
F2 Reflects a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.64 to $17.58, inclusive. The Reporting Person will provide, upon the request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F3 Reflects a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.72 to $18.55, inclusive. The Reporting Person will provide, upon the request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 Reflects a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.48, inclusive. The Reporting Person will provide, upon the request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5 These stock options are fully vested and exercisable.
F6 Amount reflects an adjustment for forfeiture of stock options for failure to meet performance criteria.