Matthew Levine - Mar 15, 2023 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Signature
/s/ Matthew Levine
Stock symbol
YOU
Transactions as of
Mar 15, 2023
Transactions value $
-$30,613
Form type
4
Date filed
3/17/2023, 05:42 PM
Previous filing
Jan 3, 2023
Next filing
Nov 2, 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 +3.33K +26.69% $0.00 15.8K Mar 15, 2023 Direct F1
transaction YOU Class A Common Stock Tax liability -$30.6K -1.2K -7.6% $25.49 14.6K Mar 15, 2023 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 -3.33K -50% $0.00 3.33K Mar 15, 2023 Class A Common Stock 3.33K 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 one-third vesting on July 1, 2022, one-third vesting on March 15, 2023 and one-third vesting on March 15, 2024.
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.