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

Role
Cash App Lead
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, 05:24 PM
Previous filing
Apr 6, 2022
Next filing
May 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Stock Award $0 +48.3K +37.54% $0.00 177K Apr 19, 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 +96.7K $0.00 96.7K Apr 19, 2022 Class A Common Stock 96.7K $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.