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
Next filing: Feb 6, 2025
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	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

Showing 1 to 4 of 4 entries

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.