Alclear Investments, LLC - Dec 11, 2024 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role
Director, Other*, 10%+ Owner
Signature
s/ Lynn Haaland, Attorney-in-Fact
Stock symbol
YOU
Transactions as of
Dec 11, 2024
Transactions value $
$0
Form type
4
Date filed
12/13/2024, 06:22 PM
Previous filing
Sep 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YOU Class B Common Stock Disposed to Issuer -200K -26.6% 552K Dec 11, 2024 Direct F1, F2
transaction YOU Class A Common Stock Award +200K 200K Dec 11, 2024 Direct F2
transaction YOU Class A Common Stock Other $0 -200K -100% $0.00 0 Dec 12, 2024 Direct F3
* 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 Represents a transfer for no value from the reporting person to Ms. Caryn Seidman Becker in connection with the gift transactions reported by Ms. Seidman Becker in her Form 4 filed on December 13, 2024. The reporting person believes that the transfer constitutes a change in form of beneficial ownership of the shares, exempted by Rule 16a-13 under the Securities Exchange Act of 1934.

Remarks:

By virtue of its relationship with Ms. Caryn Seidman Becker, the sole manager of Alclear Investments, LLC and an equityholder of Alclear Investments, LLC, the reporting person may be deemed to be director by deputization.