Durable Capital Partners LP - 02 Aug 2023 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Aug 2023, 17:36:20 UTC
Prior SEC filing
26 Jun 2023
Next SEC filing
11 Aug 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Durable Capital Partners LP By: Julie Jack, its Authorized Person

Key filing fact

Durable Capital Partners LP filed Form 4 for Clear Secure, Inc. (YOU) on 04 Aug 2023.

Key facts

  • This page summarizes Durable Capital Partners LP's Form 4 filing for Clear Secure, Inc. (YOU).
  • 4 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 04 Aug 2023, 17:36.

Change

  • Previous filing in this sequence was filed on 26 Jun 2023.
  • Current net transaction value: -$66,726,857.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

YOU transaction

Class A Common Stock

Sale

Transaction value
$28,079,046
Shares
-1,040,350
Change %
-9.1%
Price
$26.99
Shares after
10,409,596
Date
02 Aug 2023
Ownership
See footnote 2
Footnotes
F1, F2
YOU transaction

Class A Common Stock

Sale

Transaction value
$2,980,169
Shares
-114,358
Change %
-1.1%
Price
$26.06
Shares after
10,295,238
Date
02 Aug 2023
Ownership
See footnote 2
Footnotes
F2, F3
YOU transaction

Class A Common Stock

Sale

Transaction value
$13,624,644
Shares
-556,335
Change %
-5.4%
Price
$24.49
Shares after
9,738,903
Date
02 Aug 2023
Ownership
See footnote 2
Footnotes
F2, F4
YOU transaction

Class A Common Stock

Sale

Transaction value
$22,042,997
Shares
-929,692
Change %
-9.5%
Price
$23.71
Shares after
8,809,211
Date
02 Aug 2023
Ownership
See footnote 2
Footnotes
F2, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

This transaction was executed in multiple trades ranging from $26.53 to $27.50. The price reported reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

Footnote F2

The securities are held directly by Durable Capital Master Fund LP ("Durable Capital Master Fund"). Durable Capital Partners LP ("Durable Capital") acts as the investment adviser to Durable Capital Master Fund and has sole voting power and sole investment power over the securities reported on this Form 4. Durable Capital Partners GP LLC ("Durable GP") is the general partner of Durable Capital, and Henry Ellenbogen is the chief investment officer of Durable Capital and the managing member of Durable GP. Each of Durable Capital Master Fund, Durable Capital, Durable GP and Mr. Ellenbogen disclaim beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein.

Footnote F3

This transaction was executed in multiple trades ranging from $26.03 to $26.40. The price reported reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

Footnote F4

This transaction was executed in multiple trades ranging from $24.14 to $25.12. The price reported reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

Footnote F5

This transaction was executed in multiple trades ranging from $23.65 to $24.11. The price reported reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

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