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Block, Inc. Director's Dealing 2023

Jan 5, 2023

30034_rns_2023-01-05_5b29c3aa-f77f-4b06-b6ad-001641aab031.pdf

Director's Dealing

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1/5/23, 2:28 PM

SEC FORM 4

SEC Form 4 FORM 4

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

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

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

1. Name and Address of Reporting Person*
Meeker Mary G
1. Name and Address of Reporting Person*
Meeker Mary G
1. Name and Address of Reporting Person*
Meeker Mary G
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]
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]
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
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
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
01/03/2023
Transaction (Month/Day/Year) Officer (give title
below)
Other (specify
below)
1455 MARKET STREET
SUITE 600
4. If Amendment, Date of Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable
(Street) Line)
X
Form filed by One Reporting Person
SAN FRANCISCO
CA
94103 Form filed by More than One Reporting
Person
(City) (State) (Zip)
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 (A) or 5. Amount of
6. Ownership
7. Nature
Date Execution Date, Transaction Disposed Of (D) (Instr. 3, 4 Securities Form: Direct of 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 01/03/2023 A 218
(1)
A $ 0.00 406,467 D
See
Class A Common Stock 5,817 I 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 Reported
Disposed 4) 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. 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. The RSUs were issued pursuant to the Issuer's Outside Director Compensation Policy, and 100% of the RSUs were vested as of the date of grant.

  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-in-Fact 01/05/2023 ** 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/1512673/000120919123001964/xslF345X03/doc4.xml

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