Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Block, Inc. Director's Dealing 2023

Jun 15, 2023

30034_rns_2023-06-15_9128418e-5f94-49d8-8038-56ed13ab931a.pdf

Director's Dealing

Open in viewer

Opens in your device viewer

6/15/23, 3:46 PM

SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

OMB APPROVAL

Washington, D.C. 20549

OMB Number: 3235-0287 Estimated average burden hours per response: 0.5

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting
Meeker Mary G
1. Name and Address of Reporting
Meeker Mary G
1. Name and Address of Reporting
Meeker Mary G
Person* 2. Issuer NameandTicker or Trading Symbol
Block, Inc. [
SQ]
2. Issuer NameandTicker or Trading Symbol
Block, Inc. [
SQ]
2. Issuer NameandTicker or Trading Symbol
Block, Inc. [
SQ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X
Director
10% Owner
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X
Director
10% Owner
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X
Director
10% Owner
(Last) (First) (Middle) 3. Date of Earliest Transaction (Month/Day/Year)
06/13/2023
Officer (give title
below)
Other (specify
below)
1955 BROADWAY 4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable
SUITE 600 Line)
X Form filed by One Reporting Person
(Street) Form filed by More than One Reporting
Person
OAKLAND CA 94612
Rule 10b5-1(c) Transaction Indication
(City) (State) (Zip) Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to
satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1. Title of Security (Instr. 3) 2. Transaction 2A. Deemed 3. 4. Securities Acquired 4. Securities Acquired (A) or (A) or 5. Amount of 5. Amount of 6. Ownership 6. Ownership 7. Nature of
Date Execution Date, Transaction Disposed Of (D) (Instr. 3, 4 Securities Form: Direct Indirect
(Month/Day/Year)
if any
Code (Instr. and 5) Beneficially (D) or Beneficial
(Month/Day/Year) 8) Owned Indirect (I) Ownership
Following (Instr. 4) (Instr. 4)
Code V Amount (A) or
(D)
Price Reported
Transaction(s)
(Instr. 3 and 4)
Class A Common Stock 06/13/2023 A 3,815
(1)
A $ 0.00 410,482 D
Class A Common Stock 5,817 I See
Footnote
(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

(e.g., puts, calls, warrants, options, convertible securities)

1. Title of 2. 3. Transaction 3A. Deemed 4. 5. 6. Date Exercisable and 6. Date Exercisable and 7. Title and 8. Price of 9. Number of 10. 11. Nature
Derivative Conversion Date Execution Date, Transaction Number Expiration Date Amount of Derivative derivative Ownership of Indirect
Security or Exercise (Month/Day/Year) if any Code (Instr. of (Month/Day/Year) Securities Security Securities Form: Beneficial
(Instr. 3) Price of (Month/Day/Year) 8) Derivative Underlying (Instr. 5) Beneficially Direct (D) Ownership
Derivative Securities Derivative Owned or Indirect (Instr. 4)
Security Acquired Security Following (I) (Instr. 4)
(A) or (Instr. 3 and 4) Reported
Disposed Transaction(s)
of (D) (Instr. 4)
(Instr. 3, 4
and 5)
Amount
or
Number
Date Expiration of
Code V (A) (D) Exercisable Date Title
Shares

Explanation of Responses:

  1. Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 13, 2024, or the date of the Issuer's next annual meeting of stockholders.

  2. The shares are held directly by KPCB sFund Associates, LLC ("sFund Associates"). The reporting person is a member of sFund Associates and may be deemed to share voting and investment power over the securities held by sFund Associates. The reporting person disclaims beneficial ownership over such securities except to the extent of her pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

Remarks:

/s/ Susan Szotek, Attorney-inFact

06/15/2023

** Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

  • If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

  • ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

  • Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

https://www.sec.gov/Archives/edgar/data/1512673/000120919123037551/xslF345X04/doc4.xml

1/1