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

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, 06:25 PM
Previous filing
May 20, 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 -200K -26.6% 552K Dec 11, 2024 See footnote F1, F2, F3
transaction YOU Class A Common Stock Award +200K 200K Dec 11, 2024 See footnote F2, F3
transaction YOU Class A Common Stock Other $0 -200K -100% $0.00 0 Dec 12, 2024 See footnote F3, F4
transaction YOU Class A Common Stock Other $0 +200K +250.2% $0.00 280K Dec 12, 2024 Direct F4
transaction YOU Class A Common Stock Gift $0 -100K -35.72% $0.00 180K Dec 13, 2024 Direct F5
transaction YOU Class A Common Stock Gift $0 -100K -55.58% $0.00 79.9K Dec 13, 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.