Brian Grassadonia - 19 Apr 2022 Form 4 Insider Report for Block, Inc. (XYZ)

Role: Cash App Lead
Signature: /s/ Susan Szotek, Attorney-in-Fact
Issuer symbol: XYZ
Transactions as of: 19 Apr 2022
Net transactions value: $0
Form type: 4
Filing time: 04 May 2022, 17:24:22 UTC
Previous filing: 06 Apr 2022
Next filing: 13 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SQ	Class A Common Stock	Award	$0	+48,336	+38%	$0.000000	177,080	19 Apr 2022	Direct	F1, F2

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)	Award	$0	+96,671		$0.000000	96,671	19 Apr 2022	Class A Common Stock	96,671	$125.62	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.
F2	1/16th of the RSUs will vest on July 1, 2022, and each three months thereafter through April 1, 2026.
F3	1/48th of the shares subject to the Option will vest on May 1, 2022 and each month thereafter through April 1, 2026.