Roelof Botha - 14 Jun 2022 Form 4 Insider Report for Block, Inc. (XYZ)

Role: Director
Signature: /s/ Susan Szotek, Attorney-in-Fact
Issuer symbol: XYZ
Transactions as of: 14 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 16 Jun 2022, 17:31:59 UTC
Previous filing: 10 Jun 2022
Next filing: 30 Jun 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	+5,305	+43%	$0.000000	17,754	14 Jun 2022	Direct	F1
holding	SQ	Class A Common Stock						1,862	14 Jun 2022	Sequoia Capital U.S. Growth Fund IV, L.P.	F2
holding	SQ	Class A Common Stock						77	14 Jun 2022	Sequoia Capital USGF Principals Fund IV, L.P.	F2
holding	SQ	Class A Common Stock						684,741	14 Jun 2022	By estate planning vehicle
holding	SQ	Class A Common Stock						11,388	14 Jun 2022	Sequoia Capital U.S. Venture Fund XV, L.P.	F3
holding	SQ	Class A Common Stock						479	14 Jun 2022	Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.	F3
holding	SQ	Class A Common Stock						171	14 Jun 2022	Sequoia Capital U.S. Venture Partners Fund XV, L.P.	F3
holding	SQ	Class A Common Stock						1,750	14 Jun 2022	Sequoia Capital U.S. Venture XV Principals Fund, L.P.	F3

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

Explanation of Responses:

Id	Content
F1	Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 14, 2023, or the date of the Issuer's next annual meeting of stockholders.
F2	SC US (TTGP), Ltd. is the general partner of SCGF IV Management, L.P., which is the general partner of Sequoia Capital U.S. Growth Fund IV, L.P. and Sequoia Capital USGF Principals Fund IV, L.P., or collectively, the SC GFIV Funds. The Reporting Person is a Director of SC US (TTGP), Ltd. The Reporting Person disclaims beneficial ownership of the securities held by the SC GFIV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F3	SC US (TTGP), Ltd. is the general partner of SC U.S. Venture XV Management, L.P., which is the general partner of Sequoia Capital U.S. Venture Fund XV, L.P., Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P., Sequoia Capital U.S. Venture Partners Fund XV, L.P. and Sequoia Capital U.S. Venture XV Principals Fund, L.P., or collectively, the SC USV XV Funds. The Reporting Person is a Director of SC US (TTGP), Ltd. The Reporting Person disclaims beneficial ownership of the securities held by the SC USV XV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.