Balaji Sekar - Aug 5, 2022 Form 4 Insider Report for TaskUs, Inc. (TASK)

Signature
/s/ Jody Moscato Stanley, as Attorney-in-Fact
Stock symbol
TASK
Transactions as of
Aug 5, 2022
Transactions value $
-$234,207
Form type
4
Date filed
8/9/2022, 04:28 PM
Previous filing
Aug 10, 2021
Next filing
Mar 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TASK Class A Common Stock Options Exercise +39.8K 39.8K Aug 5, 2022 Direct F1
transaction TASK Class A Common Stock Tax liability -$234K -10.2K -25.65% $22.93 29.6K Aug 5, 2022 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 -39.8K -20% $0.00 159K Aug 5, 2022 Class A Common Stock 39.8K Direct F1, F3
* 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).
F2 Represents shares withheld in connection with the vesting of RSUs to cover tax withholding obligations.
F3 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.