Key facts
- This page summarizes DELTA AIR LINES, INC.'s Form 3 filing for Clear Secure, Inc. (YOU).
- 0 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 30 Jun 2021, 17:23.
DELTA AIR LINES, INC. - 30 Jun 2021 Form 3 Insider Report for Clear Secure, Inc. (YOU)
- Reporting relationship
- 10%+ Owner
- Issuer ticker
- YOU
- Reported as of
- 30 Jun 2021
- Net transaction value
- $0
- SEC form
- 3
- Accepted by SEC
- 30 Jun 2021, 17:23:28 UTC
- Next SEC filing
- 22 Jul 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ William C. Carroll, Interim Co-CFO, SVP - Finance and Controller of Delta Air Lines, Inc.
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
DELTA AIR LINES, INC. filed Form 3 for Clear Secure, Inc. (YOU) on 30 Jun 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: $0.
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
Official SEC source
View source filing
Ownership activity is grounded in SEC Form 3 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
YOU
holding
Class C common stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 8,277,958
- Date
- 30 Jun 2021
- Ownership
- Direct
- Footnotes
- F1, F2, F3
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
YOU
holding
Derivative
Non-voting common units of Alclear Holdings, LLC
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 30 Jun 2021
- Ownership
- Direct
- Underlying class
- Class A common stock
- Underlying amount
- 8,277,958
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Shares of Class C common stock of the Issuer have one vote per share but no economic rights and are issued in an equal amount to the number of non-voting common units of Alclear Holdings, LLC ("Common Units") held.
Footnote F2
Pursuant to the terms of the Exchange Agreement, dated as of June 29, 2021 by and among the Issuer, Alclear Holdings, LLC, the reporting person and the other holders of Common Units and shares of Class C common stock or Class D common stock from time to time party thereto (the "Exchange Agreement") and that certain letter agreement, dated as of June 29, 2021 by and among the Issuer, Alclear Holdings, LLC and the reporting person, Common Units held by the reporting person, together with a corresponding number of shares of Class C common stock held by the reporting person, may be exchanged for, at the option of the Issuer's board of directors, (i) shares of Class A common stock of the Issuer on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications, or (ii) cash from a substantially concurrent public offering (based on the price of the Class A common stock in such public offering).
Footnote F3
The exchange rights under the Exchange Agreement do not expire.