FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         	UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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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	                      	

1. Name and Address of Reporting Person *

Friar Sarah	2. Issuer Name and Ticker or Trading Symbol

Square, Inc. [ SQ ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Chief Financial Officer	
(Last)          (First)          (Middle)

1455 MARKET STREET, SUITE 600	3. Date of Earliest Transaction (MM/DD/YYYY)

11/24/2015		
(Street)

SAN FRANCISCO, CA 94103
(City)        (State)        (Zip)	4. 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	

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned	
1.Title of Security
(Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code
(Instr. 8)	4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)	
			Code	V	Amount	(A) or (D)	Price				
Common Stock   (1)	11/24/2015  	 	J	  	1348769  	D	  (1)	0  	I  	See footnote   (2)	

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)	
1. Title of Derivate Security
(Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code
(Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)	6. Date Exercisable and Expiration Date	7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)	8. Price of Derivative Security
(Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)	
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares					
Class B Common Stock   (1) (3)	  (3)	11/24/2015  	 	J  	  	1348769   	  	  (3)	  (3)	Class A Common Stock  	1348769  	$0.00  	1348769  	I  	See footnote   (2)	
Stock Option (right to buy)  	$2.728  	11/24/2015  	 	J  	  	  	344246   	  (4)	7/25/2022  	Common Stock   (1)	344246  	$0.00  	0  	D  	 	
Stock Option (right to buy)  	$2.728  	11/24/2015  	 	J  	  	344246   	  	  (4)	7/25/2022  	Class B Common Stock   (1) (3)	344246  	$0.00  	344246  	D  	 	
Stock Option (right to buy)  	$2.904  	11/24/2015  	 	J  	  	  	36250   	  (5)	5/31/2023  	Common Stock   (1)	36250  	$0.00  	0  	D  	 	
Stock option (right to buy)  	$2.904  	11/24/2015  	 	J  	  	36250   	  	  (5)	5/31/2023  	Class B Common Stock   (1) (3)	36250  	$0.00  	36250  	D  	 	
Stock Option (right to buy)  	$3.334  	11/24/2015  	 	J  	  	  	494067   	  (6)	8/27/2023  	Common Stock   (1)	494067  	$0.00  	0  	D  	 	
Stock Option (right to buy)  	$3.334  	11/24/2015  	 	J  	  	494067   	  	  (6)	8/27/2023  	Class B Common Stock   (1) (3)	494067  	$0.00  	494067  	D  	 	
Stock Option (right to buy)  	$7.254  	11/24/2015  	 	J  	  	  	276668   	  (7)	2/27/2024  	Common Stock   (1)	276668  	$0.00  	0  	D  	 	
Stock Option (right to buy)  	$7.254  	11/24/2015  	 	J  	  	276668   	  	  (7)	2/27/2024  	Class B Common Stock   (1) (3)	276668  	$0.00  	276668  	D  	 	
Stock Option (right to buy)  	$10.06  	11/24/2015  	 	J  	  	  	1400000   	  (8)	2/24/2025  	Common Stock   (1)	1400000  	$0.00  	0  	D  	 	
Stock Option (right to buy)  	$10.06  	11/24/2015  	 	J  	  	1400000   	  	  (8)	2/24/2025  	Class B Common Stock   (1) (3)	1400000  	$0.00  	1400000  	D  	 	

Explanation of Responses:	
(  1) 	Immediately prior to the closing of the Issuer's initial public offering, each share of Common Stock was reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7.	
(  2) 	The shares are held of record by The Sarah Friar 2015 GRAT, dated August 6, 2015, for which the Reporting Person serves as a trustee.	
(  3) 	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.	
(  4) 	25% of the shares subject to the option vested on July 9, 2013, and 1/48 of the shares vest monthly thereafter. The original grant for 1,180,270 shares was early exercised for 590,130 shares on August 31, 2012, and exercised for 245,894 shares on June 4, 2015.	
(  5) 	25% of the shares subject to the option vested on May 16, 2014, and 1/48 of the shares vest monthly thereafter. The original grant of 72,500 shares was exercised for 36,250 shares on June 4, 2015.	
(  6) 	25% of the shares subject to the option vested on August 27, 2014, and 1/48 of the shares vest monthly thereafter. The original grant of 878,340 shares was exercised for 384,273 shares on June 4, 2015.	
(  7) 	20% of the shares subject to the option vested on February 25, 2015, and 1/60 of the shares vest monthly thereafter. The original grant of 368,890 shares was exercised for 92,222 shares on June 4, 2015.	
(  8) 	20% of the shares subject to the option vest on March 1, 2016, and 1/60 of the shares vest monthly thereafter.	

Reporting Owners	
Reporting Owner Name / Address	Relationships	
	Director	10% Owner	Officer	Other	
Friar Sarah
1455 MARKET STREET
SUITE 600
SAN FRANCISCO, CA 94103		X	Chief Financial Officer		

Signatures		
/s/ Jason Gao, Attorney-in-Fact		11/24/2015	
** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.	
*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).	
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).	
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