Levine Matthew's Form 4 filing
Clear Secure, Inc. (YOU) · filed Aug 12, 2022
- Accession no.
- 0001209191-22-045693
- Filed
- Aug 12, 2022
- Trade date
- Aug 10-12, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 6 non-derivative transactions and 2 derivative transactions. Open-market sales total $232.3K. It was filed 2 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 10, 2022 | Class A Common Stock | SSaleDisposed | −3,300 | $29.01F2 | −$95,733 | 0 | Indirect | |
| Aug 11, 2022 | Class C Common Stock | DReturned to the companyDisposed | −3,300 | –F3 | – | 443,822 | Indirect | |
| Aug 11, 2022 | Class A Common Stock | AGrant or awardAcquired | +3,300 | –F3 | – | 0 | Indirect | |
| Aug 11, 2022 | Class A Common Stock | SSaleDisposed | −4,700 | $29.05F6 | −$136,535 | 0 | Indirect | |
| Aug 12, 2022 | Class C Common Stock | DReturned to the companyDisposed | −4,700 | –F3 | – | 439,122 | Indirect | |
| Aug 12, 2022 | Class A Common Stock | AGrant or awardAcquired | +4,700 | –F3 | – | 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.
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
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $29.00 to $29.04, 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.
Referenced by the price of 1 transaction in Table I.
- F3
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 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 each of the sale transactions reported in this Form 4, and so after the transactions reported in this Form 4, no shares of Class A Common Stock were held.
Referenced by the price of 4 transactions in Table I and 2 transactions in Table II.
- F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $29.00 to $29.13, 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.
Referenced by the price of 1 transaction in Table I.