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

Role
Chief Legal Ofcr. & Corp. Sec.
Signature
/s/ Susan Szotek, Attorney-in-Fact
Issuer symbol
SQ
Transactions as of
19 Apr 2022
Net transactions value
$0
Form type
4
Filing time
04 May 2022, 17:31:39 UTC
Previous filing
05 Apr 2022
Next filing
09 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 +29,422 +42% $0.000000 99,066 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 +58,843 $0.000000 58,843 19 Apr 2022 Class A Common Stock 58,843 $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.