Lynn Haaland - Feb 27, 2025 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Signature
/s/ Emma Barnett Bauman, Attorney-in-Fact
Stock symbol
YOU
Transactions as of
Feb 27, 2025
Transactions value $
-$151,151
Form type
4
Date filed
3/3/2025, 04:34 PM
Previous filing
Aug 2, 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 +17.7K $0.00 17.7K Mar 1, 2025 Direct F1
transaction YOU Class A Common Stock Tax liability -$151K -6.38K -36.05% $23.71 11.3K Mar 1, 2025 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 Award $0 +44.3K $0.00 44.3K Feb 27, 2025 Class A Common Stock 44.3K Direct F3
transaction YOU Performance Restricted Stock Units Award $0 +22.2K $0.00 22.2K Feb 27, 2025 Class A Common Stock 22.2K Direct F4
transaction YOU Restricted Stock Units Options Exercise $0 -17.7K -33.33% $0.00 35.4K Mar 1, 2025 Class A Common Stock 17.7K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction reflects the issuance of shares following the vesting of restricted stock units ("RSUs"). These RSUs vest in equal installments on March 1, 2025, 2026 and 2027, generally subject to the reporting person's continued service.
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.
F3 Represents RSUs, each of which represents a contingent right to receive a share of Class A Common Stock of the Issuer following the vesting date. The RSUs will vest in equal annual installments on each of February 27, 2026, 2027 and 2028, generally subject to the reporting person's continued service.
F4 Represents a grant of performance RSUs ("PSUs") at the minimum number of shares that can be earned. The PSUs will cliff vest on February 27, 2028 following determination of actual performance at the end of a three-year performance period ending December 31, 2027, generally subject to the reporting person's continued service. The amount of the PSUs that ultimately vests may be greater than the amount reported herein, based on such actual performance.