Brian Grassadonia - 05 Jul 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
05 Jul 2022
Net transactions value
-$585,080
Form type
4
Filing time
07 Jul 2022, 17:06:18 UTC
Previous filing
13 May 2022
Next filing
05 Oct 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 $7,654 +107 +0.04% $71.53 261,487 13 May 2022 Direct F1
transaction SQ Class A Common Stock Sale $315,593 -5,039 -1.9% $62.63 256,448 05 Jul 2022 Direct F2
transaction SQ Class A Common Stock Sale $277,141 -4,142 -1.6% $66.91 252,306 06 Jul 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired under the Issuer's Employee Stock Purchase Plan in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c).
F2 Represents the number of shares automatically sold to satisfy the Issuer's income tax withholding and remittance obligations in connection with the vesting of restricted stock and restricted stock units.
F3 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.