Owen Britton Jennings - 20 Dec 2024 Form 3 Insider Report for Block, Inc. (XYZ)

Role
Business Lead
Signature
/s/ Susan Szotek, Attorney-in-Fact
Issuer symbol
XYZ
Transactions as of
20 Dec 2024
Net transactions value
$0
Form type
3
Filing time
27 Dec 2024, 16:59:56 UTC
Next filing
06 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SQ Class A Common Stock 198,285 20 Dec 2024 Direct F1, F2, F3, F4, F5, F6, F7

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
holding SQ Stock Option (right to buy) 20 Dec 2024 Class A Common Stock 11,368 $57.40 Direct F8
holding SQ Stock Option (right to buy) 20 Dec 2024 Class A Common Stock 10,312 $57.40 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 1,880 shares of the Issuer's Class A Common Stock owned and 196,405 shares represented by unvested Restricted Stock Units (RSUs).
F2 945 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 7,558 RSUs, 1/16 of the RSUs vested on July 1, 2021 and 1/16 of the total RSUs vest every three months thereafter.
F3 14,186 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 37,828 RSUs, 1/16 of the RSUs vested on July 1, 2022 and 1/16 of the total RSUs vest every three months thereafter.
F4 26,818 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 61,297 RSUs, 1/16 of the RSUs vested on November 20, 2022 and 1/16 of the total RSUs vest every three months thereafter.
F5 33,069 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 58,788 RSUs, 1/16 of the RSUs vested on May 20, 2023 and 1/16 of the total RSUs vest every three months thereafter.
F6 70,610 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 86,903 RSUs, 1/16 of the RSUs vested on May 20, 2024 and 1/16 of the total RSUs vest every three months thereafter.
F7 50,777 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 54,162 RSUs, 1/16 of the RSUs vested on November 20, 2024 and 1/16 of the total RSUs vest every three months thereafter.
F8 All of the shares subject to this option are fully vested and exercisable as of the date hereof.