Dennis W. Liu - Sep 13, 2022 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role: Chief Accounting Officer
Signature: /s/ Matthew Levine, Attorney-in-Fact
Stock symbol: YOU
Transactions as of: Sep 13, 2022
Transactions value $: -$64,042
Form type: 4
Date filed: 9/15/2022, 05:14 PM
Previous filing: Dec 23, 2021
Next filing: Sep 15, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YOU	Class A Common Stock	Options Exercise	$0	+7.33K		$0.00	7.33K	Sep 13, 2022	Direct	F1
transaction	YOU	Class A Common Stock	Tax liability	-$64K	-2.64K	-36.06%	$24.24	4.68K	Sep 13, 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	-7.33K	-20%	$0.00	29.3K	Sep 13, 2022	Class A Common Stock	7.33K		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 20% vesting on September 13, 2022, 30% vesting on September 13, 2023, and the remaining 50% vesting on September 13, 2024, 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.