Roelof Botha - Apr 1, 2024 Form 4 Insider Report for Block, Inc. (SQ)

Role: Director
Signature: /s/ Susan Szotek, Attorney-in-Fact
Stock symbol: SQ
Transactions as of: Apr 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/3/2024, 05:27 PM
Previous filing: Mar 15, 2024
Next filing: Apr 30, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Ownership	Footnotes
transaction	SQ	Class A Common Stock	+Grant/Award	$0	+162	+0.67%	$0.00	24,383	Apr 1, 2024	Direct	F1
holding	SQ	Class A Common Stock						1,862	Apr 1, 2024	Sequoia Capital U.S. Growth Fund IV, L.P.	F2
holding	SQ	Class A Common Stock						77	Apr 1, 2024	Sequoia Capital USGF Principals Fund IV, L.P.	F2
holding	SQ	Class A Common Stock						684,741	Apr 1, 2024	By estate planning vehicle
holding	SQ	Class A Common Stock						11,388	Apr 1, 2024	Sequoia Capital U.S. Venture Fund XV, L.P.	F3
holding	SQ	Class A Common Stock						479	Apr 1, 2024	Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.	F3
holding	SQ	Class A Common Stock						171	Apr 1, 2024	Sequoia Capital U.S. Venture Partners Fund XV, L.P.	F3
holding	SQ	Class A Common Stock						1,750	Apr 1, 2024	Sequoia Capital U.S. Venture XV Principals Fund, L.P.	F3
holding	SQ	Class A Common Stock						540,646	Apr 1, 2024	Sequoia Capital US/E Expansion Fund I, L.P.	F4

Explanation of Responses:

Id	Content
F1	Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. The RSUs were issued pursuant to the Issuer's Outside Director Compensation Policy, and 100% of the RSUs were vested as of the date of grant.
F2	The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SCGF IV Management,L.P., which is the general partner of Sequoia Capital U.S. Growth Fund IV, L.P. and Sequoia Capital USGF Principals Fund IV, L.P., or collectively, the SC GFIV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC GFIV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F3	The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC U.S. Venture XV Management, L.P., which is the general partner of Sequoia Capital U.S. Venture Fund XV, L.P., Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P., Sequoia Capital U.S. Venture Partners Fund XV, L.P. and Sequoia Capital U.S. Venture XV Principals Fund, L.P., or collectively, the SC USV XV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC USV XV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F4	The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC US/E Expansion Fund I Management, L.P., which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P. The Reporting Person disclaims beneficial ownership of the securities held by SC US/E Expansion Fund I Management, L.P. except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.