Kenneth L. Cornick - 28 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: 28 May 2025
Net transactions value: $0
Form type: 4
Filing time: 30 May 2025, 16:28:26 UTC
Previous filing: 22 May 2025
Next filing: 24 Jul 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	30 May 2025	0001868811

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YOU	Class D Common Stock	Disposed to Issuer		-200,000	-4.9%		3,849,978	28 May 2025	See footnote	F1, F2, F3
transaction	YOU	Class B Common Stock	Award		+200,000			200,000	28 May 2025	See footnote	F1, F3, F4
transaction	YOU	Class B Common Stock	Disposed to Issuer		-200,000	-100%		0	28 May 2025	See footnote	F3, F4, F5
transaction	YOU	Class A Common Stock	Award		+200,000	+134%		349,093	28 May 2025	See footnote	F3, F5
holding	YOU	Class A Common Stock						64,935	28 May 2025	Direct
holding	YOU	Class A Common Stock						125,447	28 May 2025	By Family Revocable Trust

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		-200,000	-4.9%		3,849,978	28 May 2025	Class B Common Stock and Class A Common Stock	200,000		See footnote	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear Holdings, LLC ("Alclear") and the equityholders of Alclear (the "Exchange Agreement"), non-voting common units of Alclear ("Common Units"), together with a corresponding number of shares of Class D common stock of the Issuer ("Class D Common Stock"), were exchanged for Class B common stock of the Issuer ("Class B Common Stock") on a one-for-one basis. The exchange rights under the Exchange Agreement do not expire.
F2	Shares of 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 Common Units of Alclear 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 B Common Stock have 20 votes per share and economic rights (including rights to dividends and distributions upon liquidation).
F5	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.