Brian Grassadonia - 24 Apr 2024 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: 24 Apr 2024
Net transactions value: $0
Form type: 4
Filing time: 26 Apr 2024, 17:11:03 UTC
Previous filing: 03 Apr 2024
Next filing: 03 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	+86,903	+18%	$0.000000	564,193	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	+141,017		$0.000000	141,017	24 Apr 2024	Class A Common Stock	141,017	$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.