Block, Inc. — Director's Dealing 2020

Sep 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Square, Inc. (SQ)
CIK: 0001512673
Period of Report: 2020-09-01

Reporting Person: Whiteley Sivan (Gen. Counsel & Corp. Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-01	Class A Common Stock	A	3320	$0.00	Acquired	138268	Direct
2020-09-01	Class A Common Stock	S	100	$162.89	Disposed	138168	Direct
2020-09-01	Class A Common Stock	S	100	$164.32	Disposed	138068	Direct
2020-09-01	Class A Common Stock	S	748	$167.19	Disposed	137320	Direct
2020-09-01	Class A Common Stock	S	1202	$168.26	Disposed	136118	Direct
2020-09-01	Class A Common Stock	S	412	$169.13	Disposed	135706	Direct
2020-09-01	Class A Common Stock	S	100	$170.09	Disposed	135606	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-01	Stock Option (right to buy)	$166.66	A	4917	Acquired	2030-08-31	Class A Common Stock (4917)	Direct

Footnotes

F1: Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.

F2: 1/16th of the RSUs will vest on December 1, 2020, and each three months thereafter through September 1, 2024.

F3: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.

F4: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $166.63 to $167.55 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.

F5: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $167.73 to $168.61 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.

F6: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $168.84 to $169.76 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.

F7: 1/48th of the shares subject to the Option will vest on October 1, 2020 and each month thereafter through September 1, 2024.