Brian Grassadonia - Apr 24, 2024 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
Apr 24, 2024
Transactions value $
$0
Form type
4
Date filed
4/26/2024, 05:11 PM
Previous filing
Apr 3, 2024
Next filing
May 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Stock Award $0 +86.9K +18.21% $0.00 564K Apr 24, 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 +141K $0.00 141K Apr 24, 2024 Class A Common Stock 141K $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.