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Filing Details

Accession Number:: 0000950142-23-000233
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-01-30 21:38:32
Reporting Period:: 2023-01-26

Accepted Time:: 2023-01-30 21:38:32
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1856314	Clear Secure Inc.	YOU	()	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
1356474	Gap Coinvestments Cda, L.p.	C/O General Atlantic Service Co., L.p. 55 East 52Nd Street, 32Nd Floor New York NY 10055	No	No	Yes	No
1701754	General Atlantic Partners (Bermuda) Eu, L.p.	C/O Conyers Client Services Limited, Clarendon House, 2 Church Street Hamilton D0 HM 11	No	No	Yes	No
1704892	General Atlantic Partners 100, L.p.	C/O General Atlantic Service Company,Lp 55 East 52Nd Street, 33Rd Floor New York NY 10055	No	No	Yes	No
1795410	General Atlantic Partners (Lux), Scsp	412F, Route D'Esch Luxembourg N4 L-1471	No	No	Yes	No
1858361	R.l. S.a (Lux) Atlantic General	412F Route D'Esch Luxembourg N4 L-1471	No	No	Yes	No
1869769	Gapco Aiv Interholdco (Ac), L.p.	C/O General Atlantic Service Co., L.p. 55 East 52Nd Street, 33Rd Floor New York NY 10055	No	No	Yes	No
1869770	Gapco Aiv Holdings, L.p.	C/O General Atlantic Service Co., L.p. 55 East 52Nd Street, 33Rd Floor New York NY 10055	No	No	Yes	No
1869774	Ga Aiv-1 B Interholdco (Ac), L.p.	C/O General Atlantic Service Co., L.p. 55 East 52Nd Street, 33Rd Floor New York NY 10055	No	No	Yes	No
1869776	General Atlantic (Ac) Collections 2, L.p.	C/O General Atlantic Service Co., L.p. 55 East 52Nd Street, 33Rd Floor New York NY 10055	No	No	Yes	No
1869777	General Atlantic (Ac) Collections, L.p.	C/O General Atlantic Service Co., L.p. 55 East 52Nd Street, 33Rd Floor New York NY 10055	No	No	Yes	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Acquisiton	2023-01-26	724,658	$0.00	6,662,472	No	4	J	Indirect	See footnote
Class A Common Stock	Disposition	2023-01-26	1,801,352	$29.00	4,861,120	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	J	Indirect	See footnote
No	4	S	Indirect	See footnote

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Class C common stock	Disposition	2023-01-26	724,658	$0.00	724,658	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,931,540			No	4	J	Indirect

Footnotes

Pursuant to the Exchange Agreement, dated as of June 29, 2021, by and among the (the "Issuer"), Alclear Holdings, LLC ("Alclear"), General Atlantic (AC) Collections, L.P. ("GA AC Collections") and the other parties thereto, the reporting person may exchange shares of Class C common stock (together with an equal number of common units of Alclear ("Alclear Units")) for shares of Class A common stock of the Issuer, on a one-for-one basis, in accordance with the terms and subject to the restrictions set forth in the Exchange Agreement. The exchange rights under the Exchange Agreement do not expire.
The Class A common stock was sold pursuant to a 10b5-1 trading plan in a block trade. The 10b5-1 trading plan was established by GA AIV-1 B Interholdco (AC), L.P., GAPCO AIV Interholdco (AC), L.P. and General Atlantic (AC) Collections, L.P. (together, the "Sellers"), as of December 16, 2022 to provide for sales of Class A common stock, from time to time, within pre-determined price and quantity limits.
Reflects 300,000 shares of Class A common stock held directly by General Atlantic (ALC), L.P. ("GA ALC"), 114,063 shares of Class A common stock held directly by GAPCO AIV Interholdco (AC), L.P., ("GAPCO AIV Interholdco"), 5,523,751 shares of Class A common stock held directly by GA AIV-1 B Interholdco (AC), L.P., ("GA AIV-1 B Interholdco AC ") and 724,658 shares of Class A common stock held directly by GA AC Collections.
Reflects 300,000 shares of Class A common stock held directly by GA ALC, 92,186 shares of Class A common stock held directly by GAPCO AIV Interholdco and 4,468,934 shares of Class A common stock held directly by GA AIV-1 B Interholdco AC.
Reflects 1,027,613 shares of Class C common stock (together with an equal number Alclear Units) held directly by General Atlantic (AC) Collections 2, L.P. ("GA AC Collections 2") and 1,903,927 shares of Class C common stock (together with an equal number of Alcear Units) held directly by GA AC Collections.
The following investment funds share beneficial ownership of the shares of Class A common stock held by GA ALC: GAP Coinvestments CDA, L.P. ("GAPCO CDA"), GAP Coinvestments III, LLC ("GAPCO III"), GAP Coinvestments IV, LLC ("GAPCO IV"), GAP Coinvestments V, LLC ("GAPCO V"), General Atlantic Partners 100, L.P. ("GAP 100"), General Atlantic Partners (Lux) SCSp ("GAP Lux") and General Atlantic Partners (Bermuda) EU, L.P. ("GAP Bermuda EU").
The following investment funds share beneficial ownership of the shares of Class A common stock held by GAPCO AIV Interholdco: GAPCO AIV Holdings, L.P. ("GAPCO AIV Holdings, GAPCO CDA, GAPCO III, GAPCO IV and GAPCO V.
The following investment fund shares beneficial ownership of the shares of Class A common stock held by GA AIV-1 B Interholdco AC: General Atlantic Partners AIV-1 B, L.P. ("GAP AIV-1 B").
The following investment funds share beneficial ownership of the shares of Class C common stock and corresponding Alclear Units held by GA AC Collections and GA AC Collections 2: GAPCO AIV Interholdco, General Atlantic Partners AIV (AC), L.P. ("GAP AIV AC"), GAPCO AIV Holdings, General Atlantic Partners AIV-1 A, L.P. ("GAP AIV-1 A"), GAPCO CDA, GAPCO III, GAPCO IV and GAPCO V.
The general partner of GAP AIV AC is General Atlantic GenPar (AC), L.P. ("GenPar AC"). General Atlantic (SPV) GP, LLC ("GA SPV") is the general partner of GAPCO AIV Interholdco, GA AIV-1 B Interholdco AC, GA AC Collections, GA AC 2 Collections, GAPCO AIV Holdings, GenPar AC and GA ALC. The general partner of GAP Lux is General Atlantic GenPar (Lux) SCSp ("GenPar Lux"). The general partner of GenPar Lux is General Atlantic (Lux) S.a r.l. ("GA Lux"). The general partner of GAP Bermuda EU and the sole shareholder of GA Lux is General Atlantic GenPar (Bermuda), L.P. ("GenPar Bermuda"). The general partner of GenPar Bermuda is GAP (Bermuda) L.P. ("GAP Bermuda").
The general partner of GAP AIV-1 A, GAP AIV-1 B and GAP 100 is General Atlantic GenPar, L.P. ("GenPar"). The general partner of GenPar is General Atlantic, L.P. ("GA LP"). GA LP, which is controlled by the Management Committee of GASC MGP, LLC (the "GA Management Committee"), is the sole member of GA SPV, the managing member of GAPCO III, GAPCO IV and GAPCO V and the general partner of GAPCO CDA. There are nine members of the GA Management Committee. The members of the GA Management Committee are also the members of the management committee of GAP Bermuda. Each of the members of the GA Management Committee disclaims ownership of all such shares except to the extent that he has a pecuniary interest therein.