Kenneth L. Cornick - Aug 14, 2024 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role
President & CFO, Director, 10%+ Owner
Signature
/s/ Lynn Haaland, Attorney-in-Fact
Stock symbol
YOU
Transactions as of
Aug 14, 2024
Transactions value $
$0
Form type
4
Date filed
8/16/2024, 05:07 PM
Previous filing
Mar 1, 2024
Next filing
Aug 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YOU Class B Common Stock Disposed to Issuer -30K -19.3% 125K Aug 14, 2024 See footnote F1, F2, F3
transaction YOU Class A Common Stock Award +30K 30K Aug 14, 2024 See footnote F2, F3
holding YOU Class A Common Stock 79.9K Aug 14, 2024 By Family Revocable Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of Class B common stock of the Issuer ("Class B Common Stock") have 20 votes per share and economic rights (including rights to dividends and distributions upon liquidation).
F2 Pursuant to the terms of the Issuer's Certificate of Incorporation, each share of Class B Common Stock was converted into a share of Class A common stock of the Issuer ("Class A Common Stock") on a one-for-one basis.
F3 Alclear Investments II, LLC is controlled by Mr. Cornick, its sole manager, who has dispositive control and voting control over the shares held by Alclear Investments II, LLC.