Roelof Botha - Jun 18, 2024 Form 4 Insider Report for Block, Inc. (SQ)

Role: Director
Signature: /s/ Susan Szotek, Attorney-in-Fact
Stock symbol: SQ
Transactions as of: Jun 18, 2024
Transactions value $: $0
Form type: 4
Date filed: 6/21/2024, 05:54 PM
Previous filing: Jun 6, 2024
Next filing: Jun 27, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SQ	Class A Common Stock	Award	$0	+5.17K	+21.2%	$0.00	29.6K	Jun 18, 2024	Direct	F1
holding	SQ	Class A Common Stock						1.86K	Jun 18, 2024	Sequoia Capital U.S. Growth Fund IV, L.P.	F2
holding	SQ	Class A Common Stock						77	Jun 18, 2024	Sequoia Capital USGF Principals Fund IV, L.P.	F2
holding	SQ	Class A Common Stock						685K	Jun 18, 2024	By estate planning vehicle
holding	SQ	Class A Common Stock						11.4K	Jun 18, 2024	Sequoia Capital U.S. Venture Fund XV, L.P.	F3
holding	SQ	Class A Common Stock						479	Jun 18, 2024	Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P.	F3
holding	SQ	Class A Common Stock						171	Jun 18, 2024	Sequoia Capital U.S. Venture Partners Fund XV, L.P.	F3
holding	SQ	Class A Common Stock						1.75K	Jun 18, 2024	Sequoia Capital U.S. Venture XV Principals Fund, L.P.	F3
holding	SQ	Class A Common Stock						541K	Jun 18, 2024	Sequoia Capital US/E Expansion Fund I, L.P.	F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 18, 2025, or the date of the Issuer's next annual meeting of stockholders.
F2	The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SCGF IV Management,L.P., which is the general partner of Sequoia Capital U.S. Growth Fund IV, L.P. and Sequoia Capital USGF Principals Fund IV, L.P., or collectively, the SC GFIV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC GFIV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F3	The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC U.S. Venture XV Management, L.P., which is the general partner of Sequoia Capital U.S. Venture Fund XV, L.P., Sequoia Capital U.S. Venture Partners Fund XV (Q), L.P., Sequoia Capital U.S. Venture Partners Fund XV, L.P. and Sequoia Capital U.S. Venture XV Principals Fund, L.P., or collectively, the SC USV XV Funds. The Reporting Person disclaims beneficial ownership of the securities held by the SC USV XV Funds except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
F4	The Reporting Person is a director and stockholder of SC US (TTGP), Ltd. SC US (TTGP), Ltd. is the general partner of SC US/E Expansion Fund I Management, L.P., which is the general partner of Sequoia Capital US/E Expansion Fund I, L.P. The Reporting Person disclaims beneficial ownership of the securities held by SC US/E Expansion Fund I Management, L.P. except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.