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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]
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)
(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:

  1. Represents 1,880 shares of the Issuer's Class A Common Stock owned and 196,405 shares represented by unvested Restricted Stock Units (RSUs).

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.

  7. 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.

  8. 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

  • /s/ Susan Szotek, Attorney in-Fact

  • ** Signature of Reporting Person

Date

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).

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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12/27/24, 2:04 PM

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https://www.sec.gov/Archives/edgar/data/1512673/000162828024052521/jenningspoa001.jpg

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