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

Role: Chief Accounting Officer
Signature: /s/ Matthew Levine, Attorney-in-Fact
Issuer symbol: YOU
Transactions as of: 13 Sep 2022
Net transactions value: -$64,042
Form type: 4
Filing time: 15 Sep 2022, 17:14:09 UTC
Previous filing: 23 Dec 2021
Next filing: 15 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YOU	Class A Common Stock	Options Exercise	$0	+7,326		$0.000000	7,326	13 Sep 2022	Direct	F1
transaction	YOU	Class A Common Stock	Tax liability	$64,042	-2,642	-36%	$24.24	4,684	13 Sep 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	-7,326	-20%	$0.000000	29,304	13 Sep 2022	Class A Common Stock	7,326		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.