Block, Inc. — Director's Dealing 2018

Dec 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Square, Inc. (SQ)
CIK: 0001512673
Period of Report: 2018-11-30

Reporting Person: Meeker Mary G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-11-30	Class A Common Stock	J	25187	—	Disposed	62386	Indirect
2018-11-30	Class A Common Stock	J	18800	—	Acquired	309876	Direct
2018-12-03	Class A Common Stock	S	11719	$71.43	Disposed	50667	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Class A Common Stock	1253693	Indirect
Class A Common Stock	10072	Indirect

Footnotes

F1: KPCB Holdings, Inc., as nominee, holds the stock for the account of KPCB Digital Growth Fund, LLC (?KPCB Growth?), KPCB DGF Founders Fund, LLC (?KPCB FF?), and KPCB sFund, LLC (?KPCB sFund?). All shares are held for convenience in the name of ?KPCB Holdings, Inc., as nominee? for the accounts of such entities who each exercise their own voting and dispositive power of such shares. The reporting person is a managing member of KPCB DGF Associates, LLC (?DGF Associates?), which is the managing member of KPCB Growth and KPCB FF. The reporting person may be deemed to share voting and investment power over the securities held by KPCB Growth, KPCB FF and sFund. The reporting person disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

F2: Represents a pro-rata in-kind distribution of Class A Common Stock of the Issuer by DGF Associates without consideration to its members (the ?DGF Associates Distribution?).

F3: The shares are held directly by DGF Associates. The reporting person is a managing member of DGF Associates and may be deemed to share voting and investment power over the securities held by DGF Associates. The reporting person disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

F4: Represents a change in the form of ownership from indirect to direct by virtue of the receipt of shares in the DGF Associates Distribution.

F5: Shares are held directly by the reporting person.

F6: The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.42 to $71.44, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (6) to this Form 4.

F7: The shares are held directly by KPCB sFund Associates, LLC (?sFund Associates?). The reporting person is a member of sFund Associates and may be deemed to share voting and investment power over the securities held by sFund Associates. The reporting person disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.