Levine Matthew's Form 4 filing
Clear Secure, Inc. (YOU) · filed Aug 9, 2022
- Accession no.
- 0001209191-22-045102
- Filed
- Aug 9, 2022
- Trade date
- Aug 5-8, 2022
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $11.2K. It was filed 4 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Levine MatthewCIK 0001868818 | Officer (GC, Chief Privacy Off & Sec) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 5, 2022 | Class A Common Stock | SSaleDisposed | −400 | $28.00 | −$11,200 | 0 | Indirect | |
| Aug 8, 2022 | Class C Common Stock | DReturned to the companyDisposed | −400 | –F2 | – | 454,722 | Indirect | |
| Aug 8, 2022 | Class A Common Stock | AGrant or awardAcquired | +400 | –F2 | – | 0 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 8, 2022 | Class A Common Stock | DReturned to the companyDisposed | −400 | –F2 | – | 454,722 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
Pursuant to the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear Holdings, LLC ("Alclear") and the equityholders of Alclear (the "Exchange Agreement"), non-voting common interest units ("Common Units") of Alclear, 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 A Common Stock of the Issuer ("Class A Common Stock") on a one-for-one basis. The exchange right 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 are held.
Referenced by the price of 2 transactions in Table I and 1 transaction in Table II.