Filing Details
- Accession Number:
- 0001209191-22-046317
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-08-17 16:56:56
- Reporting Period:
- 2022-08-15
- Accepted Time:
- 2022-08-17 16:56:56
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1856314 | Clear Secure Inc. | YOU | Services-Prepackaged Software (7372) | 862643981 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1868818 | Matthew Levine | 65 E 55Th St., 17Th Floor New York NY 10022 | Gc, Chief Privacy Off & Sec | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Disposition | 2022-08-15 | 14,000 | $30.16 | 0 | No | 4 | S | Indirect | See footnote |
| Class C Common Stock | Disposition | 2022-08-16 | 14,000 | $0.00 | 425,122 | No | 4 | D | Indirect | See footnote |
| Class A Common Stock | Acquisiton | 2022-08-16 | 14,000 | $0.00 | 0 | No | 4 | A | Indirect | See footnote |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | See footnote |
| No | 4 | D | Indirect | See footnote |
| No | 4 | A | Indirect | See footnote |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock | Non-voting common units of Alclear Holdings, LLC | Disposition | 2022-08-16 | 14,000 | $0.00 | 14,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 425,122 | No | 4 | D | Indirect |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock | 7,453 | Direct |
Footnotes
- This transaction was automatically effected pursuant to a Rule 10b5-1 trading plan previously adopted.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $30.00 to $30.69, 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.
- 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"), nonvoting common units of Alclear ("Common Units"), together with a corresponding number of shares of Class C common stock of the Issuer ("Class C Common Stock"), were exchanged for shares of Class Acommon stock of the Issuer ("Class A Common Stock") on a one-for-one basis. The exchange rights under the Exchange Agreement do not expire. 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 were held.
- Winn Levine, LLC is controlled by Mr. Levine, its sole manager, who has dispositive control and voting control over the shares held by Winn Levine, LLC.
- Shares of Class C Common Stock have one vote 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 held.
Billionaire Hedge Funds
