Richard N. Patterson Jr. - Jul 1, 2022 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role: Chief Info Sec. Officer
Signature: /s/ Matthew Levine, Attorney-in-Fact
Stock symbol: YOU
Transactions as of: Jul 1, 2022
Transactions value $: -$184,603
Form type: 4
Date filed: 7/5/2022, 04:20 PM
Previous filing: Jun 30, 2021
Next filing: Nov 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YOU	Class A Common Stock	Options Exercise	$0	+25K		$0.00	25K	Jul 1, 2022	Direct	F1
transaction	YOU	Class A Common Stock	Tax liability	-$185K	-9.01K	-36.05%	$20.50	16K	Jul 1, 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	YOU	Restricted Stock Units	Options Exercise	$0	-25K	-25%	$0.00	74.9K	Jul 1, 2022	Class A Common Stock	25K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 4 is being filed to report the vesting, and automatic withholding for tax purposes, of a portion of the restricted stock units ("RSUs"). These RSUs vest in installments, with 25% vesting on July 1, 2022, and the remaining 75% vesting on December 7, 2023, following a modification of the original vesting schedule.
F2	Represents RSUs automatically withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnote 1, exempt under Rule 16b-3.