Ownership Submission
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

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Summers Lawrence Henry
   2. Issuer Name and Ticker or Trading Symbol
Square, Inc. [SQ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
1455 MARKET STREET, SUITE 600		 3. Date of Earliest Transaction (Month/Day/Year)
05/17/2016
(Street)

SAN FRANCISCO, CA 94103		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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
Class A Common Stock 05/17/2016 05/17/2016 C(1)   108,613 A $ 0 108,613 I See footnote (2)
Class A Common Stock 05/17/2016 05/17/2016 G V 108,613 D $ 0 0 I See footnote (2)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(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 (3) (3)               (3)   (3) Class A Common Stock 108,613   108,613 (4) I See footnote (2)
Class B Common Stock (3) (3)               (3)   (3) Class A Common Stock 57,818   57,818 (5) I See footnote (6)
Class B Common Stock (3) (3)               (3)   (3) Class A Common Stock 925,679   925,679 (7) D  
Class B Common Stock (3) (3) 05/17/2016 05/17/2016 C(1)     108,613   (3)   (3) Class A Common Stock 108,613 $ 0 0 I See footnote (2)
Class B Common Stock (3) (3) 05/18/2016 05/18/2016 G V   740,679   (3)   (3) Class A Common Stock 740,679 $ 0 185,000 D  
Class B Common Stock (3) (3) 05/18/2016 05/18/2016 G V 740,679     (3)   (3) Class A Common Stock 740,679 $ 0 740,679 I See footnote (8)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Summers Lawrence Henry
1455 MARKET STREET
SUITE 600
SAN FRANCISCO, CA 94103		   X      

Signatures

 /s/ Jason Gao, Attorney-in-Fact   05/19/2016
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Represents the conversion of Class B Common Stock into Class A Common Stock held of record by the LHS 2014 Qualified Annuity Trust #1S dated February 13, 2014 (LHS 2014 #1S), for which the Reporting Person serves as trustee.
(2) The shares are held of record by LHS 2014 #1S.
(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) Reflects the transfer from LHS 2014 #1S to the Reporting Person as an annuity payment.
(5) Reflects the transfer from the LHS 2015 Qualified Annuity Trust #2S dated March 26, 2015 (LHS 2015 #2S), for which the Reporting Person serves as trustee, to the Reporting Person as an annuity payment.
(6) The shares are held of record by LHS 2015 #2S.
(7) Reflects the transfers from LHS 2014 #1S and LHS 2015 #2S to the Reporting Person as annuity payments.
(8) The shares are held of record by the LHS 2016 Qualified Annuity Trust - Square, for which the Reporting Person serves as trustee.

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