BOYD JEFFERY H 4
4 · Clear Secure, Inc. · Filed Jun 9, 2025
Insider Transaction Report
Form 4
BOYD JEFFERY H
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2025-06-05+9,771→ 37,202 total - Exercise/Conversion
Restricted Stock Units
2025-06-05−9,771→ 0 total→ Class A Common Stock (9,771 underlying) - Award
Restricted Stock Units
2025-06-05+6,741→ 6,741 total→ Class A Common Stock (6,741 underlying) - Award
Restricted Stock Units
2025-06-05$25.96/sh+2,812$73,000→ 2,812 total→ Class A Common Stock (2,812 underlying)
Footnotes (3)
- [F1]This transaction reflects the issuance of shares following the vesting of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive a share of Class A Common Stock, generally subject to the reporting person's continued service.
- [F2]Represents Deferred Restricted Stock Units ("DSUs"), each of which represents a contingent right to receive a share of Class A Common Stock of the Issuer on a future date. The DSUs will vest upon the earlier of (i) June 5, 2026 or (ii) the Issuer's next annual meeting of stockholders, generally subject to the reporting person's continued service; the DSUs generally will not be settled into shares of Class A Common Stock until after the reporting person's departure from the board of directors.
- [F3]The reporting person elected to receive DSUs in lieu of cash retainer payments for service on the Issuer's board of directors. The price of the DSUs reported herein represents the closing price of the Issuer's Class A common stock on June 5, 2025, which price was used to calculate the number of DSUs issued to the Reporting Person. The DSUs will vest in four quarterly installments starting September 30, 2025, generally subject to the reporting person's continued service; the DSUs generally will not be settled into shares of Class A Common Stock until after the reporting person's departure from the board of directors.