Clear Secure CSO awarded new RSU and PSU grants
Schlegel Jonathan reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Schlegel Jonathan reported acquisition or exercise transactions in this Form 4 filing.
Clear Secure, Inc. Chief Security Officer Jonathan Schlegel received new equity awards in the form of restricted stock units tied to Class A Common Stock. He was granted 14,933 RSUs that vest in three equal annual installments on March 10 of 2027, 2028 and 2029, contingent on continued service. He also received 7,466 performance RSUs that will cliff vest on March 10, 2029 based on performance over a three-year period ending December 31, 2028, and the final number of shares earned may be higher depending on results.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14,933 | $0.00 | $0.00 |
| Grant/Award | Performance Restricted Stock Units | 7,466 | $0.00 | $0.00 |
Footnotes (2)
- 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 following the vesting date. The RSUs will vest in equal annual installments on each of March 10, 2027, 2028 and 2029, generally subject to the reporting person's continued service.
- F2. Represents a grant of performance RSUs ("PSUs") at the minimum number of shares that can be earned. The PSUs will cliff vest on March 10, 2029 following determination of actual performance at the end of a three-year performance period ending December 31, 2028, 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.
FAQ
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