Clear Secure EVP awarded RSU and PSU grants
McLaughlin Kyle reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
McLaughlin Kyle reported acquisition or exercise transactions in this Form 4 filing.
Clear Secure, Inc. executive Kyle McLaughlin, EVP, Aviation, received new stock-based compensation awards. He was granted 27,999 restricted stock units, each representing one share of Class A Common Stock, which vest in three equal annual installments on March 10 of 2027, 2028 and 2029, subject to continued service.
He was also granted 13,999 performance restricted stock units at the minimum number of shares that can be earned. These performance units cliff vest on March 10, 2029 based on performance over a three-year period ending December 31, 2028, and the final amount vested may be higher depending on actual performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 27,999 | $0.00 | $0.00 |
| Grant/Award | Performance Restricted Stock Units | 13,999 | $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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What stock awards did Clear Secure (YOU) EVP Kyle McLaughlin receive?
How do Kyle McLaughlin’s RSUs at Clear Secure (YOU) vest?
What are the terms of the performance RSUs granted by Clear Secure (YOU)?
Do the Clear Secure (YOU) RSU and PSU grants involve any cash transactions?
What ownership does Kyle McLaughlin have after these Clear Secure (YOU) grants?
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