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Block, Inc. — Director's Dealing 2023
Jul 13, 2023
30034_dirs_2023-07-13_02f43518-b07c-4519-bd91-5348e4346055.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: 2023-07-11
Reporting Person: Esperanza Chrysty (Counsel Lead)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-11 | Class A Common Stock | C | 3150 | $0.00 | Acquired | 71122 | Direct |
| 2023-07-11 | Class A Common Stock | S | 3150 | $70.00 | Disposed | 67972 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-07-11 | Stock Option (right to buy) | $3.663 | M | 3150 | Disposed | 2023-10-30 | Class B Common Stock (3150) | Direct |
| 2023-07-11 | Class B Common Stock | $ | M | 3150 | Acquired | Class A Common Stock (3150) | Direct | |
| 2023-07-11 | Class B Common Stock | $ | C | 3150 | Disposed | Class A Common Stock (3150) | Direct |
Footnotes
F1: Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
F2: The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted February 28, 2023.
F3: 25% of the shares subject to the option vested on October 7, 2014 and 1/48th of the shares vested monthly thereafter.
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.
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