Block, Inc. — Director's Dealing 2024

Feb 23, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Block, Inc. (SQ)
CIK: 0001512673
Period of Report: 2024-02-20

Reporting Person: Grassadonia Brian (Cash App Lead)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-20	Class A Common Stock	C	252816	—	Acquired	533024	Direct
2024-02-20	Class A Common Stock	S	127800	$65.45	Disposed	405224	Direct
2024-02-21	Class A Common Stock	S	2663	$64.31	Disposed	402561	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-20	Stock Option (right to buy)	$7.254	M	252816	Disposed	2024-02-27	Class B Common Stock (252816)	Direct
2024-02-20	Class B Common Stock	$	M	252816	Acquired		Class A Common Stock (252816)	Direct
2024-02-20	Class B Common Stock	$	C	252816	Disposed		Class A Common Stock (252816)	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, entered into prior to the effectiveness of the revised requirements of Rule 10b5-1(c). In compliance with SEC guidance, the Reporting Person has not checked the box above but states that the Rule 10b5-1 trading plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

F3: Represents the number of shares automatically sold to satisfy the Issuer's income tax withholding and remittance obligations in connection with the vesting of restricted stock units.

F4: 20% of the shares subject to the option vested on February 24, 2015 and 1/60th of the shares vested monthly thereafter.

F5: 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.