Richard N. Patterson Jr. - 07 Dec 2023 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role
CISO
Signature
/s/ Matthew Levine, Attorney-in-Fact
Issuer symbol
YOU
Transactions as of
07 Dec 2023
Net transactions value
-$687,514
Form type
4
Filing time
08 Dec 2023, 16:41:50 UTC
Previous filing
15 Mar 2023
Next filing
15 Feb 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 +74,940 +1158% $0.000000 81,414 07 Dec 2023 Direct F1
transaction YOU Class A Common Stock Tax liability $687,514 -32,187 -40% $21.36 49,227 07 Dec 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 -74,940 -100% $0.000000* 0 07 Dec 2023 Class A Common Stock 74,940 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 25% vesting on July 1, 2022, and the remaining 75% vesting on December 7, 2023.
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.