Brian Grassadonia - Aug 3, 2021 Form 4 Insider Report for Square, Inc. (SQ)

Role
Cash App Lead
Signature
/s/ Susan Szotek, Attorney-in-Fact
Stock symbol
SQ
Transactions as of
Aug 3, 2021
Transactions value $
-$958,056
Form type
4
Date filed
8/5/2021, 05:16 PM
Previous filing
Jul 9, 2021
Next filing
Sep 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Stock Options Exercise $26.6K +3.67K +3.64% $7.25* 104K Aug 3, 2021 Direct F1
transaction SQ Class A Common Stock Sale -$26.3K -100 -0.1% $263.41 104K Aug 3, 2021 Direct F1
transaction SQ Class A Common Stock Sale -$79.6K -300 -0.29% $265.46 104K Aug 3, 2021 Direct F1, F2
transaction SQ Class A Common Stock Sale -$186K -700 -0.67% $266.38 103K Aug 3, 2021 Direct F1, F3
transaction SQ Class A Common Stock Sale -$53.5K -200 -0.19% $267.38 103K Aug 3, 2021 Direct F1, F4
transaction SQ Class A Common Stock Sale -$239K -890 -0.86% $268.88 102K Aug 3, 2021 Direct F1, F5
transaction SQ Class A Common Stock Sale -$264K -977 -0.96% $269.97 101K Aug 3, 2021 Direct F1, F6
transaction SQ Class A Common Stock Sale -$108K -400 -0.4% $270.78 101K Aug 3, 2021 Direct F1, F7
transaction SQ Class A Common Stock Sale -$27.4K -100 -0.1% $273.60 101K Aug 3, 2021 Direct F1

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 Stock Option (right to buy) Options Exercise $0 -3.67K -0.87% $0.00 420K Aug 3, 2021 Class A Common Stock 3.67K $7.25 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $264.82 to $265.79 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.
F3 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $265.89 to $266.80 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.
F4 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $267.30 to $267.45 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 $268.35 to $269.27 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 $269.45 to $270.37 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 $270.50 to $271.44 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 20% of the shares subject to the option vested on February 24, 2015 and 1/60th of the shares vested monthly thereafter.