Matthew Levine - Nov 1, 2023 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role
GC, Chief Privacy Off & Sec
Signature
/s/ Matthew Levine
Stock symbol
YOU
Transactions as of
Nov 1, 2023
Transactions value $
-$244,953
Form type
4
Date filed
11/2/2023, 05:50 PM
Previous filing
Mar 17, 2023
Next filing
Jan 3, 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 +37K +253.11% $0.00 51.6K Nov 1, 2023 Direct F1
transaction YOU Class A Common Stock Tax liability -$245K -14.4K -27.93% $17.00 37.2K Nov 1, 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 -37K -33.33% $0.00 74K Nov 1, 2023 Class A Common Stock 37K 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 November 1, 2023, one-third vesting on November 1, 2024 and one-third vesting on November 1, 2025.
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.