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Block, Inc. — Director's Dealing 2024
Mar 7, 2024
30034_dirs_2024-03-06_22325c80-f201-47f5-8593-a379f8c7c20d.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: 2024-03-04
Reporting Person: Grassadonia Brian (Cash App Lead)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-04 | Class A Common Stock | C | 153332 | — | Acquired | 555893 | Direct |
| 2024-03-04 | Class A Common Stock | S | 111914 | $78.17 | Disposed | 443979 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-04 | Stock Option (right to buy) | $13.94 | M | 153332 | Disposed | 2025-06-16 | Class B Common Stock (153332) | Direct |
| 2024-03-04 | Class B Common Stock | $ | M | 153332 | Acquired | Class A Common Stock (153332) | Direct | |
| 2024-03-04 | Class B Common Stock | $ | C | 153332 | Disposed | Class A Common Stock (153332) | 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 on November 29, 2023.
F3: 20% of the shares subject to the option vested on June 1, 2016 and 1/60th 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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