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Block, Inc. — Director's Dealing 2024
Dec 29, 2024
30034_rns_2024-12-29_969fc2a5-31d4-4b30-bce3-1613816e7b15.pdf
Director's Dealing
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12/27/24, 2:03 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* Jennings Owen Britton |
1. Name and Address of Reporting Person* Jennings Owen Britton |
1. Name and Address of Reporting Person* Jennings Owen Britton |
1. Name and Address of Reporting Person* Jennings Owen Britton |
1. Name and Address of Reporting Person* Jennings Owen Britton |
1. Name and Address of Reporting Person* Jennings Owen Britton |
2. Date of Event Requiring Statement (Month/Day/Year) |
2. Date of Event Requiring Statement (Month/Day/Year) |
3. Issuer NameandTicker or Trading Symbol Block, Inc. [ SQ] |
3. Issuer NameandTicker or Trading Symbol Block, Inc. [ SQ] |
3. Issuer NameandTicker or Trading Symbol Block, Inc. [ SQ] |
3. Issuer NameandTicker or Trading Symbol Block, Inc. [ SQ] |
3. Issuer NameandTicker or Trading Symbol Block, Inc. [ SQ] |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/20/2024 | 4. Relationship of Reporting Person(s) | to | 5. | If Amendment, Date of Original | |||||||||||
| (Last) | (First) | (Middle) | Issuer (Check all applicable) |
Filed (Month/Day/Year) | |||||||||||
| 1955 BROADWAY | Director | 10% Owner | |||||||||||||
| SUITE 600 | X Officer (give title below) |
Other (specify below) |
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| (Street) OAKLAND CA |
94612 | Business Lead |
6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person |
||||||||||||
| Form filed by More than One | |||||||||||||||
| (City) | (State) | (Zip) | Reporting Person | ||||||||||||
| Table I - Non-Derivative Securities Beneficially Owned | |||||||||||||||
| 1. Title of Security (Instr. 4) | 2. Amount of Securities | 3. Ownership | 4. Nature of Indirect Beneficial | ||||||||||||
| Beneficially Owned (Instr. Form: |
Direct | Ownership (Instr. 5) | |||||||||||||
| 4) | (D) or Indirect | ||||||||||||||
| (I) (Instr. | 5) | ||||||||||||||
| Class A Common Stock | 198,285 (1) (2) (3) (4) (5) (6) (7) |
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 | 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 Amount |
or Indirect | ||||||||||
| or | Security | (I) (Instr. 5) | |||||||||
| Number | |||||||||||
| Date | Expiration | of | |||||||||
| Exercisable | Date | Title | Shares | ||||||||
| Stock Option (right to buy) | (8) | 04/20/2030 | Class | A Common Stock |
11,368 | $ 57.4 | D | ||||
| Stock Option (right to buy) | (8) | 04/20/2030 | Class | A Common Stock |
10,312 | $ 57.4 | D |
Explanation of Responses:
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Represents 1,880 shares of the Issuer's Class A Common Stock owned and 196,405 shares represented by unvested Restricted Stock Units (RSUs).
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945 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 7,558 RSUs, 1/16 of the RSUs vested on July 1, 2021 and 1/16 of the total RSUs vest every three months thereafter.
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14,186 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 37,828 RSUs, 1/16 of the RSUs vested on July 1, 2022 and 1/16 of the total RSUs vest every three months thereafter.
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26,818 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 61,297 RSUs, 1/16 of the RSUs vested on November 20, 2022 and 1/16 of the total RSUs vest every three months thereafter.
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33,069 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 58,788 RSUs, 1/16 of the RSUs vested on May 20, 2023 and 1/16 of the total RSUs vest every three months thereafter.
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70,610 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 86,903 RSUs, 1/16 of the RSUs vested on May 20, 2024 and 1/16 of the total RSUs vest every three months thereafter.
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50,777 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 54,162 RSUs, 1/16 of the RSUs vested on November 20, 2024 and 1/16 of the total RSUs vest every three months thereafter.
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All of the shares subject to this option are fully vested and exercisable as of the date hereof.
Remarks:
https://www.sec.gov/Archives/edgar/data/1512673/000162828024052521/xslF345X02/wk-form3_1735336790.xml
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12/27/24, 2:03 PM
SEC FORM 3
12/27/2024
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/s/ Susan Szotek, Attorney in-Fact
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** Signature of Reporting Person
Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
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** 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/1512673/000162828024052521/xslF345X02/wk-form3_1735336790.xml
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https://www.sec.gov/Archives/edgar/data/1512673/000162828024052521/jenningspoa001.jpg
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