Dennis W. Liu - Sep 13, 2023 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Signature
/s/ Matthew Levine, Attorney-in-Fact
Stock symbol
YOU
Transactions as of
Sep 13, 2023
Transactions value $
-$83,598
Form type
4
Date filed
9/15/2023, 05:03 PM
Previous filing
Sep 15, 2022
Next filing
Aug 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YOU Class A Common Stock Options Exercise $0 +11K +234.61% $0.00 15.7K Sep 13, 2023 Direct F1
transaction YOU Class A Common Stock Tax liability -$83.6K -3.96K -25.28% $21.10 11.7K Sep 13, 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 -11K -37.5% $0.00 18.3K Sep 13, 2023 Class A Common Stock 11K 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.
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.