Chrysty Esperanza - 24 Apr 2024 Form 4 Insider Report for Block, Inc. (XYZ)

Role
Counsel Lead
Signature
/s/ Susan Szotek, Attorney-in-Fact
Issuer symbol
XYZ
Transactions as of
24 Apr 2024
Net transactions value
$0
Form type
4
Filing time
26 Apr 2024, 17:09:55 UTC
Previous filing
04 Apr 2024
Next filing
23 May 2024
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 $0 +33,425 +55% $0.000000 94,118 24 Apr 2024 Direct F1, 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) Award $0 +54,238 $0.000000 54,238 24 Apr 2024 Class A Common Stock 54,238 $74.03 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
F2 1/16th of the RSUs will vest on May 20, 2024 and each three months thereafter through February 20, 2028.
F3 1/48th of the shares subject to the Option vested on April 20, 2024 and will vest each month thereafter through March 20, 2028.