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Block, Inc. — Director's Dealing 2018
Mar 27, 2018
30034_dirs_2018-03-27_5232e925-c77d-4334-b40c-b9a10d085b87.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: 2018-03-18
Reporting Person: Whiteley Sivan (Gen. Counsel & Corp. Secretary)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock | 116226 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Stock Option (Right to Buy) | $7.254 | 2024-02-27 | Class B Common Stock (4167) | Direct | |
| Stock Option (Right to Buy) | $13.94 | 2025-06-16 | Class B Common Stock (28125) | Direct |
Footnotes
F1: Represents 10,667 shares of the Issuer's Class A Common Stock owned, and 105,559 shares represented by unvested restricted stock units (RSUs).
F2: 6,339 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 grant of an aggregate of 11,268 RSUs, 1/16 of the RSUs vested on August 1, 2016, and 1/16 of the total RSUs vest every three months thereafter.
F3: 15,324 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 grant of an aggregate of 35,025 RSUs, 1/4 of the RSUs vested on December 16, 2016, and 1/16 of the total RSUs vest every three months thereafter.
F4: 30,000 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 grant of an aggregate of 40,000 RSUs, 1/16 of the RSUs vested on April 1, 2017, and 1/16 of the total RSUs vest every three months thereafter.
F5: 53,896 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 grant of an aggregate of 66,333 RSUs, 1/16 of the RSUs vested on July 1, 2017, and 1/16 of the total RSUs vest every three months thereafter.
F6: 25% of the shares subject to the option vested on January 31, 2015, and 1/48 of the shares vest monthly thereafter.
F7: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder.
F8: 25% of the shares subject to the option vested on June 1, 2016, and 1/48 of the shares vest monthly thereafter.