AI assistant
Block, Inc. — Director's Dealing 2015
Nov 24, 2015
30034_dirs_2015-11-24_87013b94-1f8c-4066-9713-a5709c370476.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Square, Inc. (SQ)
CIK: 0001512673
Period of Report: 2015-11-24
Reporting Person: Dorsey Jack (Director, President, CEO & Chairman, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-11-24 | Common Stock | J | 61382506 | — | Disposed | 0 | Indirect |
| 2015-11-24 | Common Stock | J | 7952826 | — | Disposed | 0 | Indirect |
| 2015-11-24 | Common Stock | J | 168750 | — | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-11-24 | Class B Common Stock | $ | J | 61382506 | Acquired | Class A Common Stock (61382506) | Indirect | |
| 2015-11-24 | Class B Common Stock | $ | J | 7952826 | Acquired | Class A Common Stock (7952826) | Indirect | |
| 2015-11-24 | Class B Common Stock | $ | J | 168750 | Acquired | Class A Common Stock (168750) | Indirect |
Footnotes
F1: 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.
F2: The shares are held of record by the Jack Dorsey Revocable Trust u/a/d 12/8/10, for which the Reporting Person serves as trustee.
F3: The shares are held of record by the Jack Dorsey Remainder Trust u/a/d 6/23/10, for which the Reporting Person serves as trustee.
F4: The shares are held of record by West Studios, LLC for which the Reporting Person is a managing member and shares voting and dispositive power. The Reporting Person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein.
F5: 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.