Brian Grassadonia - 03 Jan 2023 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
03 Jan 2023
Net transactions value
-$567,464
Form type
4
Filing time
05 Jan 2023, 16:44:32 UTC
Previous filing
05 Oct 2022
Next filing
05 Apr 2023
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 $125 +2 +0% $62.37 243,141 15 Nov 2022 Direct F1
transaction SQ Class A Common Stock Sale $222,152 -3,456 -1.4% $64.28 239,685 03 Jan 2023 Direct F2
transaction SQ Class A Common Stock Sale $345,437 -5,253 -2.2% $65.76 234,432 04 Jan 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.