0001628280-24-006476.txt : 20240222
0001628280-24-006476.hdr.sgml : 20240222
20240222190653
ACCESSION NUMBER: 0001628280-24-006476
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240220
FILED AS OF DATE: 20240222
DATE AS OF CHANGE: 20240222
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Grassadonia Brian
CENTRAL INDEX KEY: 0001803649
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37622
FILM NUMBER: 24666751
MAIL ADDRESS:
STREET 1: 1455 MARKET STREET
STREET 2: SUITE 600
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94103
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Block, Inc.
CENTRAL INDEX KEY: 0001512673
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 800429876
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1955 BROADWAY
STREET 2: SUITE 600
CITY: OAKLAND
STATE: CA
ZIP: 94612
BUSINESS PHONE: 415-375-3176
MAIL ADDRESS:
STREET 1: 1955 BROADWAY
STREET 2: SUITE 600
CITY: OAKLAND
STATE: CA
ZIP: 94612
FORMER COMPANY:
FORMER CONFORMED NAME: Square, Inc.
DATE OF NAME CHANGE: 20110210
4
1
wk-form4_1708646801.xml
FORM 4
X0508
4
2024-02-20
0
0001512673
Block, Inc.
SQ
0001803649
Grassadonia Brian
1955 BROADWAY
SUITE 600
OAKLAND
CA
94612
0
1
0
0
Cash App Lead
0
Class A Common Stock
2024-02-20
4
C
0
252816
0
A
533024
D
Class A Common Stock
2024-02-20
4
S
0
127800
65.45
D
405224
D
Class A Common Stock
2024-02-21
4
S
0
2663
64.31
D
402561
D
Stock Option (right to buy)
7.254
2024-02-20
4
M
0
252816
0
D
2024-02-27
Class B Common Stock
252816
0
D
Class B Common Stock
2024-02-20
4
M
0
252816
0
A
Class A Common Stock
252816
252816
D
Class B Common Stock
2024-02-20
4
C
0
252816
0
D
Class A Common Stock
252816
0
D
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.
/s/ Susan Szotek, Attorney-in-Fact
2024-02-22