Sivan Whiteley - May 5, 2022 Form 4 Insider Report for Block, Inc. (SQ)

Signature
/s/ Susan Szotek, Attorney-in-Fact
Stock symbol
SQ
Transactions as of
May 5, 2022
Transactions value $
$0
Form type
4
Date filed
5/9/2022, 05:09 PM
Previous filing
May 4, 2022
Next filing
Jun 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Stock Conversion of derivative security $0 +4.17K +4.21% $0.00 103K May 5, 2022 Direct F1
transaction SQ Class A Common Stock Conversion of derivative security $0 +13.1K +12.71% $0.00 116K May 5, 2022 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 -4.17K -100% $0.00* 0 May 5, 2022 Class B Common Stock 4.17K $7.25 Direct F2, F3
transaction SQ Class B Common Stock Options Exercise $0 +4.17K $0.00 4.17K May 5, 2022 Class A Common Stock 4.17K Direct F3
transaction SQ Class B Common Stock Conversion of derivative security $0 -4.17K -100% $0.00* 0 May 5, 2022 Class A Common Stock 4.17K Direct F1, F3
transaction SQ Stock Option (right to buy) Options Exercise $0 -13.1K -100% $0.00* 0 May 5, 2022 Class B Common Stock 13.1K $13.94 Direct F3, F4
transaction SQ Class B Common Stock Options Exercise $0 +13.1K $0.00 13.1K May 5, 2022 Class A Common Stock 13.1K Direct F3
transaction SQ Class B Common Stock Conversion of derivative security $0 -13.1K -100% $0.00* 0 May 5, 2022 Class A Common Stock 13.1K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
F2 25% of the shares subject to the option vested on January 31, 2015 and 1/48th of the shares vested monthly thereafter.
F3 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.
F4 25% of the shares subject to the option vested on June 1, 2016 and 1/48th of the shares vested monthly thereafter.