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Filing Details

Accession Number:: 0001209191-23-026163
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-04-28 20:18:52
Reporting Period:: 2023-04-26

Accepted Time:: 2023-04-28 20:18:52
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1512673	Block Inc.	SQ	Services-Prepackaged Software (7372)	800429876

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1658470	Alyssa Henry	1955 Broadway Suite 600 Oakland CA 94612	Square Lead	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class A Common Stock	Acquisiton	2023-04-26	75,118	$0.00	488,278	No	4	A	Direct
Class A Common Stock	Acquisiton	2023-04-26	30,769	$0.00	519,047	No	4	C	Direct
Class A Common Stock	Disposition	2023-04-26	17,246	$61.05	501,801	No	4	S	Direct
Class A Common Stock	Disposition	2023-04-26	13,523	$61.55	488,278	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	C	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class A Common Stock	Stock Option (right to buy)	Acquisiton	2023-04-26	125,232	$0.00	125,232	$60.57
Class B Common Stock	Stock Option (right to buy)	Disposition	2023-04-26	30,769	$0.00	30,769	$7.25
Class A Common Stock	Class B Common Stock	Acquisiton	2023-04-26	30,769	$0.00	30,769	$0.00
Class A Common Stock	Class B Common Stock	Disposition	2023-04-26	30,769	$0.00	30,769	$0.00

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
125,232	2033-04-25	No	4	A	Direct
30,769	2024-05-14	No	4	M	Direct
30,769		No	4	M	Direct
0		No	4	C	Direct

Footnotes

Each share is represented by a restricted stock unit (RSU). Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement.
1/16th of the RSUs will vest on May 20, 2023 and each three months thereafter through February 20, 2027.
Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
The option exercise and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted February 28, 2022.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $60.35 to $61.34 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $61.35 to $61.75 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
1/48th of the shares subject to the Option vested on April 20, 2023 and will vest each month thereafter through March 20, 2027.
25% of the shares subject to the option vested on May 12, 2015 and 1/48th of the shares vested monthly thereafter.
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.