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Block, Inc. Director's Dealing 2024

Dec 29, 2024

30034_rns_2024-12-29_3ee4f794-7d00-476f-bae0-57925c136349.pdf

Director's Dealing

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12/27/24, 2:05 PM

SEC FORM 3

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL 3235OMB Number: 0104 Estimated average burden hours per 0.5 response:

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 Person*
Prasanna Dhananjay
(Last)
(First)
(Middle)
1955 BROADWAY
SUITE 600
(Street)
OAKLAND
CA
94612
(City)
(State)
(Zip)
2. Date of Event
Requiring Statement
(Month/Day/Year)
12/20/2024
3. Issuer NameandTicker or Trading Symbol
Block, Inc. [
SQ]
4. Relationship of Reporting Person(s) to
Issuer
(Check all applicable)
Director
10% Owner
X
Officer (give title
below)
Other (specify
below)
Technology
+
Engineering
Lead
5. If Amendment, Date of Original
Filed (Month/Day/Year)
6. Individual or Joint/Group Filing
(Check Applicable Line)
X
Form filed by One Reporting
Person
Form filed by More than One
Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)


2. Amount of Securities
Beneficially Owned (Instr.
4)
3. Ownership
Form: Direct
(D) or Indirect
(I) (Instr. 5)
4. Nature of Indirect Beneficial
Ownership (Instr. 5)
Class A Common Stock 192,858
(1)
(2)
(3)
(4)
(5)
D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and
Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities
Underlying Derivative Security
(Instr. 4)
4.
Conversion
or Exercise
Price of
Derivative
Security
5.
Ownership
Form:
Direct (D)
or Indirect
(I) (Instr. 5)
6. Nature of
Indirect Beneficial
Ownership (Instr.
5)
Date
Exercisable
Expiration
Date
Title Amount
or
Number
of
Shares
Stock Option (right to buy) Class A Common
Stock
65,085 $ 74.03 D
(6) 04/23/2034

Table II - Derivative Securities Beneficially Owned

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

1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and 2. Date Exercisable and 3. Title and Amount of 3. Title and Amount of 3. Title and Amount of Securities 4. 5. 6. Nature of
Expiration Date Underlying Derivative Security Conversion
Ownership
Indirect Beneficial
(Month/Day/Year) (Instr. 4) or Exercise
Form:
Ownership (Instr.
Price of Direct (D) 5)
Derivative
or
Amount
Indirect
or Security (I) (Instr. 5)
Number
Date Expiration of
Exercisable Date Title Shares
Stock Option (right to buy) (6) 04/23/2034 Class A Common
Stock
65,085
$ 74.03
D

Explanation of Responses:

  1. Represents 39,489 shares of the Issuer's Class A Common Stock owned and 153,369 shares represented by unvested Restricted Stock Units (RSUs).

  2. 20,062 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 35,665 RSUs, 1/16 of the RSUs vested on May 20, 2023 and 1/16 of the total RSUs vest every three months thereafter.

  3. 35,432 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 47,241 RSUs, 1/16 of the RSUs vested on February 20, 2024 and 1/16 of the total RSUs vest every three months thereafter.

  4. 32,590 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 40,109 RSUs, 1/16 of the RSUs vested on May 20, 2024 and 1/16 of the total RSUs vest every three months thereafter.

  5. 65,285 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 69,637 RSUs, 1/16 of the RSUs vested on November 20, 2024 and 1/16 of the total RSUs vest every three months thereafter.

  6. 1/48th of the shares subject to the option vested on April 20, 2024 and 1/48th of the shares vest monthly thereafter.

Remarks:

  • /s/ Susan Szotek, Attorney 12/27/2024 in-Fact

** Signature of Reporting Date Person

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 5 (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).

https://www.sec.gov/Archives/edgar/data/1512673/000162828024052524/xslF345X02/wk-form3_1735336956.xml

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SEC FORM 3

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/1512673/000162828024052524/xslF345X02/wk-form3_1735336956.xml

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