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

Role
EVP, CLEAR Verified
Signature
/s/ Emma Barnett Bauman, Attorney-in-Fact
Issuer symbol
YOU
Transactions as of
21 Jun 2024
Net transactions value
-$861,525
Form type
4
Filing time
24 Jun 2024, 16:41:33 UTC
Previous filing
30 May 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 +112,904 +516% $0.000000 134,804 21 Jun 2024 Direct F1
transaction YOU Class A Common Stock Tax liability $751,069 -40,057 -30% $18.75 94,747 21 Jun 2024 Direct F2
transaction YOU Class A Common Stock Options Exercise $0 +24,193 +26% $0.000000 118,940 21 Jun 2024 Direct F3
transaction YOU Class A Common Stock Tax liability $110,456 -5,891 -5% $18.75 113,049 21 Jun 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 -112,904 -100% $0.000000* 0 21 Jun 2024 Class A Common Stock 112,904 Direct F1
transaction YOU Restricted Stock Units Options Exercise $0 -24,193 -100% $0.000000* 0 21 Jun 2024 Class A Common Stock 24,193 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.