Matthew Levine - 01 Nov 2023 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role
GC, Chief Privacy Off & Sec
Signature
/s/ Matthew Levine
Issuer symbol
YOU
Transactions as of
01 Nov 2023
Net transactions value
-$244,953
Form type
4
Filing time
02 Nov 2023, 17:50:00 UTC
Previous filing
17 Mar 2023
Next filing
03 Jan 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 +36,982 +253% $0.000000 51,593 01 Nov 2023 Direct F1
transaction YOU Class A Common Stock Tax liability $244,953 -14,409 -28% $17.00 37,184 01 Nov 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 -36,982 -33% $0.000000 73,965 01 Nov 2023 Class A Common Stock 36,982 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.