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Block, Inc. — Director's Dealing 2015
Nov 18, 2015
30034_dirs_2015-11-18_26a81fdc-f20a-49c3-8377-57af89083823.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Square, Inc. (SQ)
CIK: 0001512673
Period of Report: 2015-11-18
Reporting Person: Friar Sarah (Chief Financial Officer, 10% Owner)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1348769 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (right to buy) | $2.728 | 2022-07-25 | Common Stock (344246) | Direct | |
| Stock Option (right to buy) | $2.904 | 2023-05-31 | Common Stock (36250) | Direct | |
| Stock Option (right to buy) | $3.334 | 2023-08-27 | Common Stock (494067) | Direct | |
| Stock Option (right to buy) | $7.254 | 2024-02-27 | Common Stock (276668) | Direct | |
| Stock Option (right to buy) | $10.06 | 2025-02-24 | Common Stock (1400000) | Direct |
Footnotes
F1: Each share of Common Stock shall be reclassified into one share of Class B Common Stock immediately prior to the completion of the Issuer's initial public offering of Class A Common Stock.
F2: The shares are held of record by The Sarah Friar 2015 GRAT, dated August 6, 2015, for which the Reporting Person serves as a trustee.
F3: 25% of the shares subject to the option vested on July 9, 2013, and 1/48 of the shares vest monthly thereafter. The original grant for 1,180,270 shares was early exercised for 590,130 shares on August 31, 2012, and exercised for 245,894 shares on June 4, 2015.
F4: 25% of the shares subject to the option vested on May 16, 2014, and 1/48 of the shares vest monthly thereafter. The original grant of 72,500 shares was exercised for 36,250 shares on June 4, 2015.
F5: 25% of the shares subject to the option vested on August 27, 2014, and 1/48 of the shares vest monthly thereafter. The original grant of 878,340 shares was exercised for 384,273 shares on June 4, 2015.
F6: 20% of the shares subject to the option vested on February 25, 2015, and 1/60 of the shares vest monthly thereafter. The original grant of 368,890 shares was exercised for 92,222 shares on June 4, 2015.
F7: 20% of the shares subject to the option vest on March 1, 2016, and 1/60 of the shares vest monthly thereafter.