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Block, Inc. Director's Dealing 2018

Nov 15, 2018

30034_dirs_2018-11-15_362ef452-f0e3-486c-b237-9c1ee44b3b94.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: 2018-11-13

Reporting Person: Meeker Mary G (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-11-13 Class A Common Stock J 626847 Disposed 1253693 Indirect
2018-11-13 Class A Common Stock J 162050 Acquired 230374 Indirect
2018-11-13 Class A Common Stock J 142801 Disposed 87573 Indirect
2018-11-13 Class A Common Stock J 31060 Acquired 44491 Indirect
2018-11-13 Class A Common Stock J 34419 Disposed 10072 Indirect
2018-11-13 Class A Common Stock J 17455 Acquired 291076 Direct

Footnotes

F1: Represents a pro-rata in-kind distribution of Class A Common Stock of the Issuer by KPCB Digital Growth Fund, LLC ("KPCB Growth"), KPCB DGF Founders Fund, LLC ("KPCB FF"), and KPCB sFund, LLC ("KPCB sFund") without consideration to the respective members of each such entity (the "Fund Distribution").

F2: KPCB Holdings, Inc., as nominee, holds the stock for the account of KPCB Growth, KPCB FF, and 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.

F3: Represents a change in the form of ownership from indirect to direct by virtue of the receipt of shares from KPCB Growth in the Fund Distribution by KPCB Growth.

F4: 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.

F5: 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").

F6: Represents a change in the form of ownership from indirect to direct by virtue of the receipt of shares from KPCB sFund in the Fund Distribution by KPCB sFund.

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.

F8: Represents a pro-rata in-kind distribution of Class A Common Stock of the Issuer by sFund Associates without consideration to its members (the "sFund Associates Distribution").

F9: Represents a change in the form of ownership from indirect to direct by virtue of the receipt of shares in the DGF Associates Distribution and the sFund Associates Distribution.

F10: Shares are held directly by the reporting person.