Form 3 TaskUs, Inc. For: Jun 11 Filed by: Maddock Bryce

June 11, 2021 9:13 PM EDT

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FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
Maddock Bryce

(Last) (First) (Middle)
C/O TASKUS, INC.
1650 INDEPENDENCE DRIVE, SUITE 100

(Street)
NEW BRAUNFELS TX 78132

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
06/11/2021
3. Issuer Name and Ticker or Trading Symbol
TaskUs, Inc. [ TASK ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock   (1)   (1) Class A Common Stock 6,229,840 (1) I See Footnote (2)
Class B Common Stock   (1)   (1) Class A Common Stock 8,770,160 (1) I See Footnote (3)
Stock Options   (4) 06/10/2031 Class A Common Stock 551,177 23 D  
Restricted Stock Units   (5)   (5) Class A Common Stock 1,102,354 (5) D  
Explanation of Responses:
1. Each share of Class B common stock of the Issuer ("Class B Common Stock") is entitled to ten votes per share and is convertible at any time into one share of Class A common stock of the Issuer ("Class A Common Stock"). Each share of Class B Common Stock will convert automatically upon certain transfers and upon the occurrence of certain events set forth in the Issuer's Amended and Restated Certificate of Incorporation.
2. Reflects securities held by The Maddock 2015 Irrevocable Trust, of which the Reporting Person is the business trustee.
3. Reflects securities held by The Bryce Maddock Family Trust, of which the Reporting Person is the trustee.
4. These stock options vest over four years in quarterly installments beginning on September 15, 2021.
5. Represents restricted stock units that vest over four years in quarterly installments beginning on September 15, 2021. Each restricted stock unit represents a contingent right to receive one share of Issuer Class A common stock. The restricted stock units will be settled in either Class A common stock or cash (or a combination thereof).
Remarks:
The Reporting Person disclaims beneficial ownership over the securities reported herein as indirectly beneficially owned, except to the extent of his pecuniary interest therein.

Exhibit 24 - Power of Attorney
/s/ Jeffrey Chugg, as Attorney-in-Fact 06/11/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
                               POWER OF ATTORNEY

Know all by these presents that the undersigned, does hereby make, constitute
and appoint each of Jeffrey Chugg, Balaji Sekar, Steven Amaya and Jody Stanley,
or any one of them, as a true and lawful attorney-in-fact of the undersigned
with full powers of substitution and revocation, for and in the name, place and
stead of the undersigned (in the undersigned's individual capacity), to execute
and deliver such forms that the undersigned may be required to file with the
U.S. Securities and Exchange Commission as a result of the undersigned's
ownership of or transactions in securities of TaskUs, Inc. (the "Company") (i)
pursuant to Section 16(a) of the Securities Exchange Act of 1934, as amended,
including without limitation, statements on Form 3, Form 4 and Form 5 (including
any amendments thereto) and (ii) in connection with any applications for EDGAR
access codes or any other documents necessary or appropriate to obtain codes and
passwords enabling the undersigned to make electronic filings with the
Securities and Exchange Commission, including without limitation the Form ID.
The Power of Attorney shall remain in full force and effect until the
undersigned is no longer required to file Forms 3, 4 and 5 with regard to his or
her ownership of or transactions in securities of the Company, unless earlier
revoked in writing. Jeffrey Chugg, Balaji Sekar, Steven Amaya and Jody Stanley
are not assuming any of the undersigned's responsibilities to comply with
Section 16 of the Securities Exchange Act of 1934, as amended.


                                   By: /s/ Bryce Maddock
                                       -----------------
                                   Name: Bryce Maddock


                                   Date: April 30, 2021
 


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