Filing Details
- Accession Number:
- 0001628280-24-014757
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-04-03 19:13:46
- Reporting Period:
- 2024-04-01
- Accepted Time:
- 2024-04-03 19:13:46
- 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 | 2024-04-01 | 153,332 | $0.00 | 597,311 | No | 4 | C | Direct | |
| Class A Common Stock | Disposition | 2024-04-01 | 29,337 | $82.17 | 567,974 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-04-01 | 73,850 | $82.75 | 494,124 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-04-01 | 2,970 | $83.93 | 491,154 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-04-01 | 5,509 | $84.72 | 485,645 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-04-02 | 3,841 | $78.84 | 481,804 | No | 4 | S | Direct | |
| Class A Common Stock | Disposition | 2024-04-03 | 4,514 | $78.41 | 477,290 | 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 | |
| No | 4 | S | Direct | |
| No | 4 | S | 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 | 2024-04-01 | 153,332 | $0.00 | 153,332 | $13.94 |
| Class A Common Stock | Class B Common Stock | Acquisiton | 2024-04-01 | 153,332 | $0.00 | 153,332 | $0.00 |
| Class A Common Stock | Class B Common Stock | Disposition | 2024-04-01 | 153,332 | $0.00 | 153,332 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 153,336 | 2025-06-16 | No | 4 | M | Direct | |
| 153,332 | 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 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 $81.56 to $82.55 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 $82.56 to $83.35 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 $83.57 to $84.18 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 $84.60 to $84.75 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.
- 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
