Filing Details

Accession Number:
0000950142-23-000180
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-01-20 18:22:02
Reporting Period:
2023-01-18
Accepted Time:
2023-01-20 18:22:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1856314 Clear Secure Inc. YOU () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1646536 General Atlantic Partners Aiv-1 A, L.p. C/O General Atlantic Service Co., L.p.
55 East 52Nd Street, 33Rd Floor
New York NY 10055
No No Yes No
1646539 General Atlantic Partners Aiv-1 B, L.p. C/O General Atlantic Service Co., L.p.
55 East 52Nd Street, 33Rd Floor
New York NY 10055
No No Yes No
1869768 General Atlantic Genpar (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
1869771 General Atlantic Partners Aiv (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
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2023-01-18 724,115 $0.00 7,737,814 No 4 J Indirect See footnote
Class A Common Stock Disposition 2023-01-18 1,800,000 $29.10 5,937,814 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
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class C common stock Disposition 2023-01-18 724,115 $0.00 724,115 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,656,198 No 4 J Indirect
Footnotes
  1. 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.
  2. 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.
  3. Reflects 300,000 shares of Class A common stock held directly by General Atlantic (ALC), L.P. ("GA ALC"), 135,924 shares of Class A common stock held directly by GAPCO AIV Interholdco (AC), L.P., ("GAPCO AIV Interholdco"), 6,577,775 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, 115 shares of Class A common stock held directly by GA AC Collections.
  4. Reflects 300,000 shares of Class A common stock held directly by GA ALC, 114,063 shares of Class A common stock held directly by GAPCO AIV Interholdco and 5,523,751 shares of Class A common stock held directly by GA AIV-1 B Interholdco AC.
  5. 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 2,628,585 shares of Class C common stock (together with an equal number of Alcear Units) held directly by GA AC Collections.
  6. 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").
  7. 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.
  8. 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").
  9. 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.
  10. 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").
  11. 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.