Summers Lawrence Henry 4
4 · Block, Inc. · Filed Jun 15, 2023
Insider Transaction Report
Form 4
Summers Lawrence Henry
Director
Transactions
- Award
Class A Common Stock
2023-06-13+3,815→ 25,948 total
Holdings
- 67,380
Class B Common Stock
→ Class A Common Stock (67,380 underlying)
Footnotes (2)
- [F1]Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 13, 2024, or the date of the Issuer's next annual meeting of stockholders.
- [F2]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.