Block, Inc. — Director's Dealing 2024

Apr 3, 2024

4/3/24, 4:15 PM

SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

OMB APPROVAL

Washington, D.C. 20549

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB Number: 3235-0287 Estimated average burden hours per response: 0.5

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for X the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Grassadonia Brian (Last) (First) 1955 BROADWAY SUITE 600	1. Name and Address of Reporting Grassadonia Brian (Last) (First) 1955 BROADWAY SUITE 600	Person (Middle) 2. Issuer Nameand*Ticker or Trading Symbol Block, Inc. [ SQ] 3. Date of Earliest Transaction (Month/Day/Year) 04/01/2024	Person (Middle) 2. Issuer Nameand*Ticker or Trading Symbol Block, Inc. [ SQ] 3. Date of Earliest Transaction (Month/Day/Year) 04/01/2024	Person (Middle) 2. Issuer Nameand*Ticker or Trading Symbol Block, Inc. [ SQ] 3. Date of Earliest Transaction (Month/Day/Year) 04/01/2024	Person (Middle) 2. Issuer Nameand*Ticker or Trading Symbol Block, Inc. [ SQ] 3. Date of Earliest Transaction (Month/Day/Year) 04/01/2024	Person (Middle) 2. Issuer Nameand*Ticker or Trading Symbol Block, Inc. [ SQ] 3. Date of Earliest Transaction (Month/Day/Year) 04/01/2024	Person (Middle) 2. Issuer Nameand*Ticker or Trading Symbol Block, Inc. [ SQ] 3. Date of Earliest Transaction (Month/Day/Year) 04/01/2024	Person (Middle) 2. Issuer Nameand*Ticker or Trading Symbol Block, Inc. [ SQ] 3. Date of Earliest Transaction (Month/Day/Year) 04/01/2024			5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Cash App Lead	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Cash App Lead	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Cash App Lead	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Cash App Lead	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Cash App Lead	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) Cash App Lead
(Street)		4. If Amendment, Date				of Original Filed (Month/Day/Year)					6. Individual or Joint/Group Filing (Check Applicable Line)
OAKLAND CA		94612									X		Form filed by One Reporting Person
													Form filed by More than One Reporting
(City) (State)		(Zip)											Person
		Table I - Non-Derivative Securities Acquired, Disposed of,							or Beneficially Owned
1. Title of Security (Instr.	3)	2. Transaction	2A. Deemed			3.		4. Securities	Acquired	(A)	or		5. Amount of		6. Ownership	7. Nature of
		Date	Execution Date,			Transaction		Disposed Of	(D) (Instr.	3, 4 and 5)			Securities		Form: Direct	Indirect
		(Month/Day/Year)	if any			Code	(Instr.						Beneficially		(D) or Indirect	Beneficial
			(Month/Day/Year) 8)										Owned Following (I) (Instr. 4)			Ownership
													Reported			(Instr. 4)
						Code	V	Amount	(A) or (D)	Price			Transaction(s) (Instr. 3 and 4)
Class A Common Stock		04/01/2024				C (1)		153,332	A		$ 0			597,311	D
Class A Common Stock		04/01/2024				S (2)		29,337	D	$ 82.17 (3) 567,974 D
Class A Common Stock		04/01/2024				S (2)		73,850	D	$ 82.75 (4) 494,124 D
Class A Common Stock		04/01/2024				S (2)		2,970	D	$ 83.93 (5) 491,154 D
Class A Common Stock		04/01/2024				S (2)		5,509	D	$ 84.72 (6) 485,645 D
Class A Common Stock		04/02/2024				S (7)		3,841	D	$ 78.84			481,804 D
Class A Common Stock		04/03/2024				S (2)		4,514	D	$ 78.41			477,290 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned

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

1. Title of 2.	1. Title of 2.			3. Transaction 3A. Deemed	3. Transaction 3A. Deemed	4.			5. Number of	5. Number of	5. Number of	6. Date Exercisable and	6. Date Exercisable and	6. Date Exercisable and	7. Title and	Amount	8. Price of	8. Price of	8. Price of	9. Number of 10.	9. Number of 10.		11. Nature
Derivative Conversion				Date	Execution Date,	Transaction			Derivative			Expiration Date			of Securities		Derivative			derivative	Ownership		of Indirect
Security	or	Exercise		(Month/Day/Year) if any		Code		(Instr.	Securities			(Month/Day/Year)			Underlying		Security			Securities	Form:		Beneficial
(Instr. 3)	Price of				(Month/Day/Year)	8)			Acquired (A) or						Derivative Security		(Instr.		5)	Beneficially Direct (D)			Ownership
	Derivative								Disposed		of (D)				(Instr. 3 and 4)					Owned	or Indirect		(Instr. 4)
	Security								(Instr. 3, 4		and 5)									Following	(I) (Instr. 4)
																				Reported
																Amount				Transaction(s)
																or				(Instr. 4)
												Date		Expiration		Number
						Code		V	(A)	(D)		Exercisable		Date	Title	of Shares
Stock Option (right to buy)		$ 13.94		04/01/2024		M (2)				153,332			(8)	06/16/2025	Class B Common Stock (9)	153,332 $ 0				153,336		D
Class B															Class A
Common		(9)		04/01/2024		M			153,332				(9)	(9)	Common	153,332 $ 0				153,332		D
Stock (9)															Stock
Class B															Class A
Common		(9)		04/01/2024		C (1)				153,332			(9)	(9)	Common	153,332 $ 0				0		D
Stock (9)															Stock

Explanation of Responses:

1. Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.

2. The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on November 29, 2023.

3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $81.56 to $82.55 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $82.56 to $83.35 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

https://www.sec.gov/Archives/edgar/data/1512673/000162828024014757/xslF345X05/wk-form4_1712186015.xml

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4/3/24, 4:15 PM

SEC FORM 4

1. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $83.57 to $84.18 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $84.60 to $84.75 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. 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.

4. 20% of the shares subject to the option vested on February 24, 2015 and 1/60th of the shares vested monthly thereafter.

5. 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.

Remarks:

/s/ Susan Szotek, Attorney-in- Fact ** Signature of Reporting Person
	04/03/2024
	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 4 (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/1512673/000162828024014757/xslF345X05/wk-form4_1712186015.xml

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