Becker Caryn Seidman - 11 Dec 2024 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Signature
/s/ Lynn Haaland, Attorney-in-Fact
Issuer symbol
YOU
Transactions as of
11 Dec 2024
Net transactions value
$0
Form type
4
Filing time
13 Dec 2024, 18:25:00 UTC
Previous filing
20 May 2024
Next filing
03 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction YOU Class B Common Stock Disposed to Issuer -200,000 -27% 551,787 11 Dec 2024 See footnote F1, F2, F3
transaction YOU Class A Common Stock Award +200,000 200,000 11 Dec 2024 See footnote F2, F3
transaction YOU Class A Common Stock Other $0 -200,000 -100% $0.000000 0 12 Dec 2024 See footnote F3, F4
transaction YOU Class A Common Stock Other $0 +200,000 +250% $0.000000 279,935 12 Dec 2024 Direct F4
transaction YOU Class A Common Stock Gift $0 -100,000 -36% $0.000000 179,935 13 Dec 2024 Direct F5
transaction YOU Class A Common Stock Gift $0 -100,000 -56% $0.000000 79,935 13 Dec 2024 Direct F5
* 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, LLC is controlled by Ms. Seidman Becker, its sole manager, who has dispositive control and voting control over the shares held by Alclear Investments, LLC.
F4 Represents a transfer for no value from Alclear Investments, LLC to the reporting person in connection with the gift transactions reported herein. 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.
F5 This transaction represents a gift / donation to a 501(c)(3) charitable foundation. No value was received for the gifted shares.