Initial Statement of Beneficial Ownership (3)
24 Febbraio 2020 - 11:15PM
Edgar (US Regulatory)
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0104
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Grassadonia Brian |
2. Date of Event Requiring Statement (MM/DD/YYYY)
2/13/2020
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3. Issuer Name and Ticker or Trading Symbol
Square, Inc. [SQ]
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(Last)
(First)
(Middle)
1455 MARKET STREET, SUITE 600 |
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
_____ Director _____ 10% Owner
___X___ Officer (give title below) _____ Other (specify below)
Cash App Lead / |
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(Street)
SAN FRANCISCO, CA 94103
(City)
(State)
(Zip)
| 5. If Amendment, Date Original Filed(MM/DD/YYYY)
| 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Beneficially Owned
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1.Title of Security
(Instr. 4) | 2. Amount of Securities Beneficially Owned
(Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) | 4. Nature of Indirect Beneficial Ownership
(Instr. 5) |
| Class A Common Stock | 129330 (1)(2)(3)(4)(5) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 4) | 2. Date Exercisable and Expiration Date
(MM/DD/YYYY) | 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) | 6. Nature of Indirect Beneficial Ownership
(Instr. 5) |
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
| Stock Option (Right to Buy) | (6) | 5/31/2023 | Class B Common Stock (7) | 3907 | $2.904 | D | |
| Stock Option (Right to Buy) | (8) | 2/27/2024 | Class B Common Stock (7) | 450000 | $7.254 | D | |
| Stock Option (Right to Buy) | (9) | 6/16/2025 | Class B Common Stock (7) | 460000 | $13.94 | D | |
| Stock Option (Right to Buy) | (10) | 4/18/2027 | Class A Common Stock | 137122 | $17.20 | D | |
| Stock Option (Right to Buy) | (11) | 4/24/2028 | Class A Common Stock | 109026 | $44.75 | D | |
| Stock Option (Right to Buy) | (12) | 4/23/2029 | Class A Common Stock | 99224 | $71.99 | D | |
| Explanation of Responses: |
| (1) | Represents 2,840 shares of the Issuer's Class A Common Stock owned, 58,007 shares represented by unvested Restricted Stock Awards (RSAs) and 68,483 shares represented by unvested Restricted Stock Units (RSUs). |
| (2) | 25,758 of the RSAs represent a contingent right to receive one share of our Class A common stock at the time of grant. Of the original grant of an aggregate of 38,159 RSAs, 1/12th of 10% of the RSAs vested monthly beginning on July 1, 2018 for 12 months, and 1/36th of 90% the remaining RSAs vest monthly thereafter. |
| (3) | 32,249 of the RSAs represent a contingent right to receive one share of our Class A common stock at the time of grant. Of the original grant of an aggregate of 39,690 RSAs, 1/16 of the RSAs vested on July 1, 2019, and 1/16 of the total RSAs vest every three months thereafter. |
| (4) | 13,205 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 211,268 RSUs, 1/16 of the RSUs vested on July 25, 2016, and 1/16 of the total RSUs vest every three months thereafter. |
| (5) | 55,278 of the RSUs represent a contingent right to receive one share of the Issuer's Class A Common Stock upon settlement. Of the original grant of an aggregate of 176,887 RSUs, 1/16 of the RSUs vested on July 1, 2017, and 1/16 of the total RSUs vest every three months thereafter. |
| (6) | Of the original grant of an aggregate of 62,500 options, 25% of the shares subject to the option vested on May 20, 2014 and 1/48th of the shares vested monthly thereafter. |
| (7) | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at the option of the holder. |
| (8) | 20% of the shares subject to the option vested on February 24, 2015 and 1/60th of the shares vested monthly thereafter. |
| (9) | 20% of the shares subject to the option vested on June 1, 2016 and 1/60th of the shares vest monthly thereafter. |
| (10) | 1/48th of the shares subject to the option vested on May 1, 2017 and 1/48th of the shares vest monthly thereafter. |
| (11) | 1/12th of 10% of the shares subject to the option vested monthly beginning on May 1, 2018 for 12 months, and 1/36th of 90% of the shares vest monthly thereafter. |
| (12) | 1/48th of the shares subject to the option vested on May 1, 2019 and 1/48th of the shares vest monthly thereafter. |
Reporting Owners
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| Reporting Owner Name / Address | Relationships |
| Director | 10% Owner | Officer | Other |
Grassadonia Brian
1455 MARKET STREET
SUITE 600
SAN FRANCISCO, CA 94103 |
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| Cash App Lead |
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Signatures
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| Shahzia Rahman, Attorney-in-Fact | | 2/24/2020 |
| **Signature of Reporting Person | Date |
Grafico Azioni Block (NYSE:SQ)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Block (NYSE:SQ)
Storico
Da Lug 2023 a Lug 2024
