Dhananjay Prasanna - Dec 20, 2024 Form 3 Insider Report for Block, Inc. (SQ)

Role
Technology + Engineering Lead
Signature
/s/ Susan Szotek, Attorney-in-Fact
Stock symbol
SQ
Transactions as of
Dec 20, 2024
Transactions value $
$0
Form type
3
Date filed
12/27/2024, 05:02 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SQ Class A Common Stock 193K Dec 20, 2024 Direct F1, F2, F3, F4, F5

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) Dec 20, 2024 Class A Common Stock 65.1K $74.03 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 39,489 shares of the Issuer's Class A Common Stock owned and 153,369 shares represented by unvested Restricted Stock Units (RSUs).
F2 20,062 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 35,665 RSUs, 1/16 of the RSUs vested on May 20, 2023 and 1/16 of the total RSUs vest every three months thereafter.
F3 35,432 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 47,241 RSUs, 1/16 of the RSUs vested on February 20, 2024 and 1/16 of the total RSUs vest every three months thereafter.
F4 32,590 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 40,109 RSUs, 1/16 of the RSUs vested on May 20, 2024 and 1/16 of the total RSUs vest every three months thereafter.
F5 65,285 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 69,637 RSUs, 1/16 of the RSUs vested on November 20, 2024 and 1/16 of the total RSUs vest every three months thereafter.
F6 1/48th of the shares subject to the option vested on April 20, 2024 and 1/48th of the shares vest monthly thereafter.