Dennis W. Liu - 13 Sep 2023 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 2023
Net transactions value: -$83,598
Form type: 4
Filing time: 15 Sep 2023, 17:03:59 UTC
Previous filing: 15 Sep 2022
Next filing: 07 Aug 2024
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	+10,989	+235%	$0.000000	15,673	13 Sep 2023	Direct	F1
transaction	YOU	Class A Common Stock	Tax liability	$83,598	-3,962	-25%	$21.10	11,711	13 Sep 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	-10,989	-38%	$0.000000	18,315	13 Sep 2023	Class A Common Stock	10,989		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.