Create a rectangle horizontally using rectangular shape tool.
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| Press Ctrl+T. Right click the layer and select warp. Select arc from the warp preset on the top bar. Apply settings as shown. |
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| Press Ctrl+T. Right click the layer and select warp. Adjust nodes to get the shape as shown. |
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| Create a rounded rectangle for the clip using rounded rectangle shape tool. |
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| Press Ctrl+T. Right click the layer and select distort. Adjust nodes to get the shape as shown. |
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| Create a white rectangle and place for the lock. |
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| Select and merge all the layers and scale down to the icon size. |
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| Double click the layer to open layer style window. Apply layer style with the settings shown. |
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