Richard N. Patterson Jr. - Dec 7, 2023 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role
CISO
Signature
/s/ Matthew Levine, Attorney-in-Fact
Stock symbol
YOU
Transactions as of
Dec 7, 2023
Transactions value $
-$687,514
Form type
4
Date filed
12/8/2023, 04:41 PM
Previous filing
Mar 15, 2023
Next filing
Feb 15, 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 +74.9K +1157.55% $0.00 81.4K Dec 7, 2023 Direct F1
transaction YOU Class A Common Stock Tax liability -$688K -32.2K -39.53% $21.36 49.2K Dec 7, 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 -74.9K -100% $0.00* 0 Dec 7, 2023 Class A Common Stock 74.9K 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.