AI assistant
Block, Inc. — Director's Dealing 2024
Dec 29, 2024
30034_rns_2024-12-29_3ee4f794-7d00-476f-bae0-57925c136349.pdf
Director's Dealing
Open in viewerOpens in your device viewer
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:
-
Represents 39,489 shares of the Issuer's Class A Common Stock owned and 153,369 shares represented by unvested Restricted Stock Units (RSUs).
-
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.
-
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.
-
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.
-
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.
-
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
1/2
12/27/24, 2:05 PM
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
2/2
12/27/24, 2:05 PM
prasannapoa1001.jpg (1055×1365)
==> picture [476 x 617] intentionally omitted <==
https://www.sec.gov/Archives/edgar/data/1512673/000162828024052524/prasannapoa1001.jpg
1/1