Kenneth L. Cornick - 13 May 2025 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role: Director, 10%+ Owner
Signature: /s/ Lynn Haaland, Attorney-in-Fact
Issuer symbol: YOU
Transactions as of: 13 May 2025
Net transactions value: -$2,760,389
Form type: 4
Filing time: 15 May 2025, 21:01:40 UTC
Previous filing: 03 Mar 2025
Next filing: 16 May 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Cornick Kenneth L.	Director, 10%+ Owner	85 10TH AVENUE, 9TH FLOOR, NEW YORK	/s/ Lynn Haaland, Attorney-in-Fact	15 May 2025	0001868811

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YOU	Class A Common Stock	Disposed to Issuer	$2,760,389	-109,409	-100%	$25.23	0	13 May 2025	See footnote	F1, F2, F3
transaction	YOU	Class D Common Stock	Disposed to Issuer		-109,409	-2.1%		5,157,035	15 May 2025	See footnote	F3, F4, F5
transaction	YOU	Class B Common Stock	Award		+109,409	+87%		234,856	15 May 2025	See footnote	F3, F5, F6
transaction	YOU	Class B Common Stock	Disposed to Issuer		-109,409	-47%		125,447	15 May 2025	See footnote	F2, F3, F6
transaction	YOU	Class A Common Stock	Award		+109,409			0	15 May 2025	See footnote	F2, F3
transaction	YOU	Class B Common Stock	Disposed to Issuer		-125,447	-100%		0	15 May 2025	See footnote	F3, F6, F7
transaction	YOU	Class A Common Stock	Award		+125,447			125,447	15 May 2025	See footnote	F7, F8
holding	YOU	Class A Common Stock						64,935	13 May 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	YOU	Non-voting common units of Alclear Holdings, LLC	Disposed to Issuer		-109,409	-2.1%		5,157,035	15 May 2025	Class B Common Stock and Class A Common Stock	109,409		See footnote	F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $25.15 to $25.37, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, and the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F2	Pursuant to the terms of the Issuer's Certificate of Incorporation, each share of Class B common stock of the Issuer ("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. The resulting shares of Class A Common Stock were used to settle the sale transaction described above, and so after the transactions reported in this Form 4, no shares of Class A Common Stock are held.
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.
F4	Shares of Class D Common Stock of the Issuer ("Class D Common Stock") have 20 votes per share but no economic rights (including rights to dividends and distributions upon liquidation) and are issued in an equal amount to the number of non-voting common units ("Common Units") of Alclear Holdings, LLC ("Alclear") held.
F5	Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear and the equityholders of Alclear (the "Exchange Agreement"), Common Units, together with a corresponding number of shares of Class D Common Stock, were exchanged for Class B Common Stock on a one-for-one basis. The exchange rights under the Exchange Agreement do not expire.
F6	Shares of Class B Class B Common Stock have 20 votes per share and economic rights (including rights to dividends and distributions upon liquidation).
F7	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 on a one-for-one basis.
F8	By Family Revocable Trust. Alclear Investments II, LLC, which is controlled by Mr. Cornick, its sole manager, who has dispositive control and voting control over the shares held by Alclear Investments II, LLC, transferred the shares to a Family Revocable Trust.