Kenneth L. Cornick - May 14, 2025 Form 4 Insider Report for Clear Secure, Inc. (YOU)

Role: Director, 10%+ Owner
Signature: /s/ Lynn Haaland, Attorney-in-Fact
Stock symbol: YOU
Transactions as of: May 14, 2025
Transactions value $: -$15,197,310
Form type: 4
Date filed: 5/16/2025, 08:25 PM
Previous filing: May 15, 2025
Next filing: May 22, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Cornick Kenneth L.	Director, 10%+ Owner	85 10TH AVENUE, 9TH FLOOR, NEW YORK	/s/ Lynn Haaland, Attorney-in-Fact	2025-05-16	0001868811

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	YOU	Class A Common Stock	Sale	-$7.9M	-316K	-100%	$25.02	0	May 14, 2025	See footnote	F1, F2, F3
transaction	YOU	Class D Common Stock	Disposed to Issuer		-316K	-6.12%		4.84M	May 16, 2025	See footnote	F3, F4, F5
transaction	YOU	Class B Common Stock	Award		+316K			316K	May 16, 2025	See footnote	F3, F4, F6
transaction	YOU	Class B Common Stock	Disposed to Issuer		-316K	-100%		0	May 16, 2025	See footnote	F2, F3, F6
transaction	YOU	Class A Common Stock	Award		+316K			0	May 16, 2025	See footnote	F2, F3
transaction	YOU	Class A Common Stock	Sale	-$7.3M	-291K	-100%	$25.05	0	May 15, 2025	See footnote	F2, F3, F7
transaction	YOU	Class D Common Stock	Disposed to Issuer		-291K	-6.02%		4.55M	May 16, 2025	See footnote	F3, F4, F5
transaction	YOU	Class B Common Stock	Award		+291K			291K	May 16, 2025	See footnote	F3, F4, F6
transaction	YOU	Class B Common Stock	Disposed to Issuer		-291K	-100%		0	May 16, 2025	See footnote	F2, F3, F6
transaction	YOU	Class A Common Stock	Award		+291K			0	May 16, 2025	See footnote	F2, F3
holding	YOU	Class A Common Stock						64.9K	May 14, 2025	Direct
holding	YOU	Class A Common Stock						125K	May 14, 2025	By Family Revocable Trust

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	YOU	Non-voting common units of Alclear Holdings, LLC	Disposed to Issuer		-316K	-6.12%		4.84M	May 16, 2025	Class B Common Stock and Class A Common Stock	316K		See footnote	F3, F4, F5
transaction	YOU	Non-voting common units of Alclear Holdings, LLC	Disposed to Issuer		-291K	-6.02%		4.55M	May 16, 2025	Class B Common Stock and Class A Common Stock	291K		See footnote	F3, F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $25.00 to $25.10, 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.
F2	Pursuant to the terms of the Issuer's Certificate of Incorporation, each share of Class B common stock of the Issuer ("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 each of the sale transactions described in this Form 4, and so after the transactions reported in this Form 4, no shares of Class A Common Stock are held.
F3	Alclear Investments II, LLC is controlled by Mr. Cornick, its sole manager, who has dispositive control and voting control over the shares held by Alclear Investments II, LLC.
F4	Pursuant to the terms of the Exchange Agreement, dated June 29, 2021, by and among the Issuer, Alclear and the equityholders of Alclear (the "Exchange Agreement"), Common Units, together with a corresponding number of shares of Class D Common Stock, were exchanged for Class B Common Stock on a one-for-one basis. The exchange rights under the Exchange Agreement do not expire.
F5	Shares of Class D Common Stock of the Issuer ("Class D Common Stock") have 20 votes per share but no economic rights (including rights to dividends and distributions upon liquidation) and are issued in an equal amount to the number of non-voting common units ("Common Units") of Alclear Holdings, LLC ("Alclear") held.
F6	Shares of Class B Class B Common Stock have 20 votes per share and economic rights (including rights to dividends and distributions upon liquidation).
F7	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $25.00 to $25.20, 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.