Seyed Kasra Moshkani - Jun 21, 2024 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role
EVP, CLEAR Verified
Signature
/s/ Emma Barnett Bauman, Attorney-in-Fact
Stock symbol
YOU
Transactions as of
Jun 21, 2024
Transactions value $
-$861,525
Form type
4
Date filed
6/24/2024, 04:41 PM
Previous filing
May 30, 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 +113K +515.54% $0.00 135K Jun 21, 2024 Direct F1
transaction YOU Class A Common Stock Tax liability -$751K -40.1K -29.72% $18.75 94.7K Jun 21, 2024 Direct F2
transaction YOU Class A Common Stock Options Exercise $0 +24.2K +25.53% $0.00 119K Jun 21, 2024 Direct F3
transaction YOU Class A Common Stock Tax liability -$110K -5.89K -4.95% $18.75 113K Jun 21, 2024 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 -113K -100% $0.00* 0 Jun 21, 2024 Class A Common Stock 113K Direct F1
transaction YOU Restricted Stock Units Options Exercise $0 -24.2K -100% $0.00* 0 Jun 21, 2024 Class A Common Stock 24.2K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock units ("RSUs"), each of which represents a contingent right to receive a share of Class A Common Stock of the Issuer.
F2 Represents RSUs automatically withheld to satisfy tax withholding obligations in connection with the vesting of RSUs described in footnotes 1 and 3, exempt under Rule 16b-3.
F3 Represents performance-based RSUs. As reported in a Form 4 previously filed, the performance goals were satisfied at the 100% (maximum) level, as certified by the Compensation Committee on February 6, 2024.