Brian Grassadonia - Jan 3, 2023 Form 4 Insider Report for Block, Inc. (SQ)

Role
Cash App Lead
Signature
/s/ Susan Szotek, Attorney-in-Fact
Stock symbol
SQ
Transactions as of
Jan 3, 2023
Transactions value $
-$567,464
Form type
4
Date filed
1/5/2023, 04:44 PM
Previous filing
Oct 5, 2022
Next filing
Apr 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Stock Award $125 +2 +0% $62.37 243K Nov 15, 2022 Direct F1
transaction SQ Class A Common Stock Sale -$222K -3.46K -1.42% $64.28 240K Jan 3, 2023 Direct F2
transaction SQ Class A Common Stock Sale -$345K -5.25K -2.19% $65.76 234K Jan 4, 2023 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.