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Block, Inc. — Director's Dealing 2017
Mar 7, 2017
30034_dirs_2017-03-07_55a6299a-a670-415a-ade9-e386cf656854.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: 2017-02-16
Reporting Person: Reses Jacqueline D (Capital Lead & People Lead)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 511585 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $9.00 | 2025-11-17 | Class A Common Stock (1500000) | Direct | |
| Stock Option (Right to Buy) | $13.59 | 2026-04-24 | Class A Common Stock (1000000) | Direct |
Footnotes
F1: Represents 92,257 shares of the Issuer's Class A Common Stock and 419,328 shares represented by restricted stock units (RSUs).
F2: 275,000 of the RSUs each represent a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement. 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. Of the original grant of 400,000 RSUs, 1/4 of the RSUs
vested on November 1, 2016, and 1/16 of the RSUs vest every three months thereafter.
F3: 144,328 of the RSUs each represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grants of an
aggregate of 177,634 RSUs, 1/16 of the RSUs vested on July 25, 2016, and 1/16 of the RSUs vest every three months thereafter.
F4: 25% of the shares subject to the option vested on October 19, 2016, and 1/48 of the shares vest monthly thereafter.
F5: 1/48 of the shares subject to the option vested on May 25, 2016, and 1/48 of the shares vest monthly thereafter.