Amrita Ahuja - 02 Feb 2023 Form 4 Insider Report for Block, Inc. (XYZ)

Role: Chief Financial Officer
Signature: /s/ Susan Szotek, Attorney-in-Fact
Issuer symbol: XYZ
Transactions as of: 02 Feb 2023
Net transactions value: -$772,780
Form type: 4
Filing time: 06 Feb 2023, 16:02:10 UTC
Previous filing: 05 Jan 2023
Next filing: 22 Mar 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	Options Exercise	$966,272	+16,834	+12%	$57.40	157,902	02 Feb 2023	Direct	F1
transaction	SQ	Class A Common Stock	Sale	$1,483,580	-16,834	-11%	$88.13	141,068	02 Feb 2023	Direct	F1
transaction	SQ	Class A Common Stock	Sale	$255,471	-2,916	-2.1%	$87.61	138,152	02 Feb 2023	Direct	F2

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	-16,834	-18%	$0.000000	77,975	02 Feb 2023	Class A Common Stock	16,834	$57.40	Direct	F1, F3

* 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	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.
F3	1/48th of the shares subject to the option vest on May 1, 2020, and 1/48th of the shares vest monthly thereafter.