0001628280-24-020354.txt : 20240503
0001628280-24-020354.hdr.sgml : 20240503
20240503165851
ACCESSION NUMBER: 0001628280-24-020354
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240501
FILED AS OF DATE: 20240503
DATE AS OF CHANGE: 20240503
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: 24914158
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_1714769914.xml
FORM 4
X0508
4
2024-05-01
0
0001512673
Block, Inc.
SQ
0001803649
Grassadonia Brian
1955 BROADWAY
SUITE 600
OAKLAND
CA
94612
0
1
0
0
Cash App Lead
1
Class A Common Stock
2024-05-01
4
C
0
153336
0
A
717529
D
Class A Common Stock
2024-05-01
4
S
0
30587
66.48
D
686942
D
Class A Common Stock
2024-05-01
4
S
0
40336
67.22
D
646606
D
Class A Common Stock
2024-05-01
4
S
0
28671
68.44
D
617935
D
Class A Common Stock
2024-05-01
4
S
0
14074
69.07
D
603861
D
Stock Option (right to buy)
13.94
2024-05-01
4
M
0
153336
0
D
2025-06-16
Class B Common Stock
153336
0
D
Class B Common Stock
2024-05-01
4
M
0
153336
0
A
Class A Common Stock
153336
153336
D
Class B Common Stock
2024-05-01
4
C
0
153336
0
D
Class A Common Stock
153336
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 sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on November 29, 2023.
The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $65.87 to $66.86 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 $66.87 to $67.85 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 $67.87 to $68.86 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 $68.87 to $69.46 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.
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
2024-05-03