Clear Secure awards RSUs to GC & Privacy Chief
Haaland Lynn reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Haaland Lynn reported acquisition or exercise transactions in this Form 4 filing.
Clear Secure, Inc. granted equity awards to its GC & Chief Privacy Officer, Lynn Haaland. The awards include 18,666 restricted stock units, each representing a right to receive one share of Class A common stock. These RSUs vest in three equal annual installments on March 10, 2027, 2028 and 2029, subject to continued service.
The company also granted 9,333 performance restricted stock units at the minimum earnable level. These PSUs cliff vest on March 10, 2029 after performance is determined for a three-year period ending December 31, 2028, and the final number of shares earned may exceed 9,333 based on actual performance.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 18,666 | $0.00 | $0.00 |
| Grant/Award | Performance Restricted Stock Units | 9,333 | $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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Clear Secure (YOU) grant to Lynn Haaland?
How do the 18,666 RSUs granted to Lynn Haaland at Clear Secure vest?
What are the terms of the 9,333 performance RSUs granted by Clear Secure (YOU)?
Does this Form 4 for Clear Secure (YOU) show any open-market stock purchases or sales?
What role does Lynn Haaland hold at Clear Secure in this Form 4 filing?
When will performance for the Clear Secure (YOU) PSUs granted to Lynn Haaland be evaluated?
AI-generated analysis. How Rhea-AI works. Not financial advice.