Form 4 for YOU Clear Secure, Inc.
Accepted 2022-09-15 00:00:00 ET · period of report 2022-09-13 · accession 0001209191-22-050099 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-09-15 | 2022-09-13 | YOU | Alclear Investments, LLC | Dir, 10%, See Remarks | D - Sale to Iss | — | -100.0K | 751.8K | -12% | — | |
| 2022-09-15 | 2022-09-13 | YOU | Alclear Investments, LLC | Dir, 10%, See Remarks | G - Gift | $0.00 | -100.0K | 0 | -100% | $0 | |
| 2022-09-15 | 2022-09-13 | YOU | Alclear Investments, LLC | Dir, 10%, See Remarks | A - Grant | — | +100.0K | 100.0K | New | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class B Common Stock | 2022-09-13 | D | D | 100,000 | — | 751,787 | D | — | — | (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. |
| 2 | Common | Class A Common Stock | 2022-09-13 | G | D | 100,000 | $0.00 | 0 | D | — | — | (F3) This transaction represents a gift / donation to a 501(c)(3) charitable foundation. No value was received for the gifted shares. (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. |
| 3 | Common | Class A Common Stock | 2022-09-13 | A | A | 100,000 | — | 100,000 | D | — | — | (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. |