Alclear Investments, LLC 4
4 · Clear Secure, Inc. · Filed Sep 15, 2022
Insider Transaction Report
Form 4
Alclear Investments, LLC
Director10% OwnerOther
Transactions
- Disposition to Issuer
Class B Common Stock
2022-09-13−100,000→ 751,787 total - Award
Class A Common Stock
2022-09-13+100,000→ 100,000 total - Gift
Class A Common Stock
2022-09-13−100,000→ 0 total
Footnotes (3)
- [F1]Shares of Class B common stock of the Issuer ("Class B Common Stock") have 20 votes per share and economic rights (including rights to dividends and distributions upon liquidation).
- [F2]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. The resulting shares of Class A Common Stock were used to settle the gift transaction reflected herein, and so after the transactions reported in this Form 4, no shares of Class A Common Stock are held.
- [F3]This transaction represents a gift / donation to a 501(c)(3) charitable foundation. No value was received for the gifted shares.