Block, Inc. — Director's Dealing 2019

Nov 13, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Square, Inc. (SQ)
CIK: 0001512673
Period of Report: 2019-11-08

Reporting Person: Reses Jacqueline D (Capital Lead)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-08	Class A Common Stock	M	25000	$9.00	Acquired	368157	Direct
2019-11-08	Class A Common Stock	S	50593	$62.09	Disposed	317564	Direct
2019-11-08	Class A Common Stock	S	39862	$62.53	Disposed	277702	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-08	Stock Option (right to buy)	$9.00	M	25000	Disposed	2025-11-17	Class A Common Stock (25000)	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

F2: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $61.38 to $62.37 per share. 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 range set forth in this footnote.

F3: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $62.38 to $63.36 per share. 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 range set forth in this footnote.

F4: 25% of the shares subject to the option vested on October 19, 2016 and 1/48 of the shares vested monthly thereafter.