Ajmere Dale - Apr 19, 2022 Form 4 Insider Report for Block, Inc. (SQ)

Role
Chief Accounting Officer
Signature
/s/ Susan Szotek, Attorney-in-Fact
Stock symbol
SQ
Transactions as of
Apr 19, 2022
Transactions value $
$0
Form type
4
Date filed
5/4/2022, 05:19 PM
Previous filing
Apr 5, 2022
Next filing
Jul 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Stock Award $0 +5.04K +14.65% $0.00 39.5K Apr 19, 2022 Direct F1, F2
transaction SQ Class A Common Stock Award $0 +10.1K +25.55% $0.00 49.6K Apr 19, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1/4th of 10% of the RSUs will vest quarterly through April 1, 2023, with July 1, 2022 as the first quarterly vesting date, and 1/12th of 90% of the RSUs will vest quarterly thereafter through April 1, 2026.
F2 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.
F3 1/16th of the RSUs will vest on July 1, 2022, and each three months thereafter through April 1, 2026.