Matthew Levine - 15 Mar 2023 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Signature
/s/ Matthew Levine
Issuer symbol
YOU
Transactions as of
15 Mar 2023
Transactions value $
-$30,613
Form type
4
Filing time
17 Mar 2023, 17:42:17 UTC
Previous filing
03 Jan 2023
Next filing
02 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YOU Class A Common Stock Options Exercise $0 +3,331 +27% $0 15,812 15 Mar 2023 Direct F1
transaction YOU Class A Common Stock Tax liability -$30,613 -1,201 -7.6% $25.49 14,611 15 Mar 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 -3,331 -50% $0 3,331 15 Mar 2023 Class A Common Stock 3,331 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 July 1, 2022, one-third vesting on March 15, 2023 and one-third vesting on March 15, 2024.
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.