Amrita Ahuja - 08 Aug 2022 Form 4 Insider Report for Block, Inc. (SQ)

Signature
/s/ Susan Szotek, Attorney-in-Fact
Issuer symbol
SQ
Transactions as of
08 Aug 2022
Net transactions value
-$249,835
Form type
4
Filing time
10 Aug 2022, 17:04:30 UTC
Previous filing
04 Aug 2022
Next filing
05 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SQ Class A Common Stock Options Exercise $466,662 +8,130 +5.4% $57.40 159,959 08 Aug 2022 Direct F1
transaction SQ Class A Common Stock Sale $716,497 -8,130 -5.1% $88.13 151,829 08 Aug 2022 Direct F1

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 Stock Option (right to buy) Options Exercise $0 -8,130 -7.9% $0.000000 94,809 08 Aug 2022 Class A Common Stock 8,130 $57.40 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise and sale reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
F2 1/48th of the shares subject to the option vest on May 1, 2020, and 1/48th of the shares vest monthly thereafter.