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Block, Inc. — Director's Dealing 2015
Nov 24, 2015
30034_dirs_2015-11-24_b6a019e5-779f-466f-9458-fe829b24882c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Square, Inc. (SQ)
CIK: 0001512673
Period of Report: 2015-11-24
Reporting Person: Brougher Francoise (Business Lead)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-24 | Stock Option (right to buy) | $2.904 | J | 3000000 | Disposed | 2023-05-31 | Common Stock (3000000) | Direct |
| 2015-11-24 | Stock Option (right to buy) | $2.904 | J | 3000000 | Acquired | 2023-05-31 | Class B Common Stock (3000000) | Direct |
Footnotes
F1: 25% of the shares subject to the option vested on May 6, 2014, and 1/48 of the shares vest monthly thereafter.
F2: Immediately prior to the closing of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.
F3: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
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