Amrita Ahuja - Aug 8, 2022 Form 4 Insider Report for Block, Inc. (SQ)

Signature
/s/ Susan Szotek, Attorney-in-Fact
Stock symbol
SQ
Transactions as of
Aug 8, 2022
Transactions value $
-$249,835
Form type
4
Date filed
8/10/2022, 05:04 PM
Previous filing
Aug 4, 2022
Next filing
Oct 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Stock Options Exercise $467K +8.13K +5.35% $57.40 160K Aug 8, 2022 Direct F1
transaction SQ Class A Common Stock Sale -$716K -8.13K -5.08% $88.13 152K Aug 8, 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 -8.13K -7.9% $0.00 94.8K Aug 8, 2022 Class A Common Stock 8.13K $57.40 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 1/48th of the shares subject to the option vest on May 1, 2020, and 1/48th of the shares vest monthly thereafter.