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Block, Inc. — Director's Dealing 2021
Dec 14, 2021
30034_dirs_2021-12-14_104e428e-8a69-4aaf-a0e6-64209e90a6ed.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Block, Inc. (SQ)
CIK: 0001512673
Period of Report: 2021-12-10
Reporting Person: McKelvey James Morgan Jr. (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-10 | Class A Common Stock | G | 50000 | $0.00 | Disposed | 125000 | Indirect |
| 2021-12-10 | Class A Common Stock | G | 50000 | $0.00 | Acquired | 53906 | Direct |
| 2021-12-10 | Class A Common Stock | C | 372191 | $0.00 | Acquired | 426097 | Direct |
| 2021-12-10 | Class A Common Stock | G | 425000 | $0.00 | Disposed | 1097 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-10 | Class B Common Stock | $ | G | 372191 | Disposed | Class A Common Stock (372191) | Indirect | |
| 2021-12-10 | Class B Common Stock | $ | G | 372191 | Acquired | Class A Common Stock (372191) | Direct | |
| 2021-12-10 | Class B Common Stock | $ | C | 372191 | Disposed | Class A Common Stock (372191) | Direct |
Footnotes
F1: This transaction involved a gift of shares by a trust for the benefit of the Reporting Person's spouse to the Reporting Person.
F2: The shares are held by the Anna Elefteria Ntenta Trust, dated 11/30/2017, for the benefit of the Reporting Person's spouse.
F3: Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
F4: Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F5: The shares are held of record by the James McKelvey, Jr. Revocable Trust dated July 2, 2014, for which the Reporting Person serves as a Trustee.