Roelof Botha - Aug 6, 2024 Form 4 Insider Report for Block, Inc. (SQ)

Role
Director
Signature
/s/ Jung Yeon Son, by power of attorney for Roelof Botha
Stock symbol
SQ
Transactions as of
Aug 6, 2024
Transactions value $
$25,001,587
Form type
4
Date filed
8/8/2024, 06:41 PM
Previous filing
Jul 30, 2024
Next filing
Aug 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Shares Purchase $6.9M +121K $56.86 121K Aug 6, 2024 SC US/E Expansion Fund I Management, L.P. F1, F3
transaction SQ Class A Common Shares Purchase $18.1M +313K +258.22% $57.82 434K Aug 6, 2024 SC US/E Expansion Fund I Management, L.P. F2, F3
holding SQ Class A Common Stock 1.86K Aug 6, 2024 Sequoia Capital U.S. Growth Fund IV, L.P. F4
holding SQ Class A Common Stock 77 Aug 6, 2024 Sequoia Capital USGF Principals Fund IV, L.P. F4
holding SQ Class A Common Stock 11.4K Aug 6, 2024 Sequoia Capital U.S. Venture Fund XV, L.P. F5
holding SQ Class A Common Stock 479 Aug 6, 2024 Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P. F5
holding SQ Class A Common Stock 171 Aug 6, 2024 Sequoia Capital U.S. Venture Partners Fund XV, L.P. F5
holding SQ Class A Common Stock 1.75K Aug 6, 2024 Sequoia Capital U.S. Venture XV Principals Fund, L.P. F5
holding SQ Class A Common Stock 541K Aug 6, 2024 Sequoia Capital US/E Expansion Fund I, L.P. F3
holding SQ Class A Common Stock 685K Aug 6, 2024 By estate planning vehicle
holding SQ Class A Common Stock 29.8K Aug 6, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $56.2500 to $57.2400. The Reporting Person undertakes to provide the issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares purchased at each separate price within the ranges set forth above.
F2 The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $57.2500 to $58.0000. The Reporting Person undertakes to provide the issuer, any security holder of the Issuer, or the staff at the Securities and Exchange Commission, upon request, the full information regarding the number of shares purchased at each separate price within the ranges set forth above.
F3 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., or collectively, the SC EXPI Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC EXPI 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 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.
F5 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.