Filing Details
- Accession Number:
- 0001628280-24-006476
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-02-22 19:06:53
- Reporting Period:
- 2024-02-20
- Accepted Time:
- 2024-02-22 19:06:53
- 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 |
|---|---|---|---|---|---|---|---|
| 1803649 | Brian Grassadonia | 1955 Broadway Suite 600 Oakland CA 94612 | Cash App Lead | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Acquisiton | 2024-02-20 | 252,816 | $0.00 | 533,024 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2024-02-20 | 127,800 | $65.45 | 405,224 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-02-21 | 2,663 | $64.31 | 402,561 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | C | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class B Common Stock | Stock Option (right to buy) | Disposition | 2024-02-20 | 252,816 | $0.00 | 252,816 | $7.25 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2024-02-20 | 252,816 | $0.00 | 252,816 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2024-02-20 | 252,816 | $0.00 | 252,816 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2024-02-27 | No | 4 | M | Direct | |
| 252,816 | No | 4 | M | Direct | ||
| 0 | No | 4 | C | Direct |
Footnotes
- Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the Reporting Person.
- The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, entered into prior to the effectiveness of the revised requirements of Rule 10b5-1(c). In compliance with SEC guidance, the Reporting Person has not checked the box above but states that the Rule 10b5-1 trading plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
- Represents the number of shares automatically sold to satisfy the Issuer's income tax withholding and remittance obligations in connection with the vesting of restricted stock units.
- 20% of the shares subject to the option vested on February 24, 2015 and 1/60th 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.
Billionaire Hedge Funds
