Jack Dorsey - May 17, 2021 Form 4 Insider Report for Square, Inc. (SQ)

Signature
/s/ Susan Szotek, Attorney-in-Fact
Stock symbol
SQ
Transactions as of
May 17, 2021
Transactions value $
-$20,198,014
Form type
4
Date filed
5/19/2021, 05:09 PM
Previous filing
May 12, 2021
Next filing
Jun 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Stock Conversion of derivative security $0 +100K $0.00 100K May 17, 2021 See Footnote F1, F2
transaction SQ Class A Common Stock Sale -$3.41M -17.1K -17.1% $199.39 82.9K May 17, 2021 See Footnote F2, F3, F4
transaction SQ Class A Common Stock Sale -$2.2M -11K -13.26% $200.43 71.9K May 17, 2021 See Footnote F2, F3, F5
transaction SQ Class A Common Stock Sale -$3.84M -19.1K -26.54% $201.16 52.8K May 17, 2021 See Footnote F2, F3, F6
transaction SQ Class A Common Stock Sale -$2.69M -13.3K -25.16% $202.40 39.5K May 17, 2021 See Footnote F2, F3, F7
transaction SQ Class A Common Stock Sale -$4.88M -24K -60.67% $203.30 15.6K May 17, 2021 See Footnote F2, F3, F8
transaction SQ Class A Common Stock Sale -$1.69M -8.3K -53.38% $204.13 7.25K May 17, 2021 See Footnote F2, F3, F9
transaction SQ Class A Common Stock Sale -$1.49M -7.25K -100% $205.00 0 May 17, 2021 See Footnote F2, F3, F10

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SQ Class B Common Stock Conversion of derivative security $0 -100K -0.27% $0.00 36.8M May 17, 2021 Class A Common Stock 100K See Footnote F1, F2, F11
holding SQ Class B Common Stock 12.1M May 17, 2021 Class A Common Stock 12.1M See Footnote F11, F12
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Jack Dorsey Revocable Trust u/a/d 12/8/10 (Dorsey Revocable Trust), for which the Reporting Person serves as Trustee.
F2 The shares are held of record by the Jack Dorsey Revocable Trust u/a/d 12/8/10, for which the Reporting Person serves as a Trustee.
F3 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Dorsey Revocable Trust.
F4 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $198.84 to $199.82 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.
F5 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $199.84 to $200.83 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.
F6 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $200.84 to $201.78 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.
F7 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $201.84 to $202.82 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.
F8 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $202.84 to $203.83 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.
F9 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $203.84 to $204.60 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.
F10 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $204.96 to $205.00 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.
F11 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.
F12 The shares are held of record by Start Small, LLC, for which the Reporting Person is the sole member.