Kyle McLaughlin - 02 May 2024 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Signature
/s/ Emma Barnett Bauman, Attorney-in-Fact
Issuer symbol
YOU
Transactions as of
02 May 2024
Net transactions value
-$24,954
Form type
4
Filing time
03 May 2024, 16:36:41 UTC
Previous filing
01 Mar 2024
Next filing
04 Sep 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 +3,875 +250% $0.000000 5,424 02 May 2024 Direct F1
transaction YOU Class A Common Stock Tax liability $24,954 -1,398 -26% $17.85 4,026 02 May 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 -3,875 -38% $0.000000 6,458 02 May 2024 Class A Common Stock 3,875 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 as follows: 20% on May 2, 2023, 30% on May 2, 2024 and 50% on May 2, 2025.
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.