James Morgan McKelvey Jr. - Aug 9, 2024 Form 4 Insider Report for Block, Inc. (SQ)

Role
Director
Signature
/s/ Susan Szotek, Attorney-in-Fact
Stock symbol
SQ
Transactions as of
Aug 9, 2024
Transactions value $
$0
Form type
4
Date filed
8/13/2024, 05:32 PM
Previous filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Stock Conversion of derivative security $0 +319K $0.00 319K Aug 9, 2024 See Footnote F1, F2
transaction SQ Class A Common Stock Gift $0 -319K -100% $0.00* 0 Aug 9, 2024 See Footnote F2
transaction SQ Class A Common Stock Gift $0 -6.53K -44.54% $0.00 8.13K Aug 9, 2024 Direct
holding SQ Class A Common Stock 125K Aug 9, 2024 See Footnote F3

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 Class B Common Stock Conversion of derivative security $0 -319K -2.6% $0.00 11.9M Aug 9, 2024 Class A Common Stock 319K See Footnote F1, F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the James McKelvey, Jr. Revocable Trust dated July 2, 2014, for which the Reporting Person serves as a Trustee (the "Revocable Trust").
F2 The shares are held of record by the Revocable Trust.
F3 The shares are held by the Anna Elefteria Ntenta Trust, dated 11/30/2017, for the benefit of the Reporting Person's spouse.
F4 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder and has no expiration date.