MCKELVEY JAMES MORGAN JR. sold 71.6% of their position (200K shares) of BLOCK, INC. on the open market

Open‑market sale worth $35.41M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 6 sales

MCKELVEY JAMES MORGAN JR.

Filed: 11/18/2020ACC: 0001209191-20-059171

InsiderMCKELVEY JAMES MORGAN JR.CIK 1658460

→

IssuerBLOCK, INC.CIK 1512673

Director

Since Jul 2018

-200K

Net shares

Net seller

$35.41M

Total sold

Open market trades

0B · 6S

Total transactions

200K acquired · 400K disposed

Non-Derivative Transactions7

Class A Common Stock

Direct

C · Conversion

+200K

Price / share

—

Trade value

—

% of position

251.6%

11/16/2020

79.51K→279.51K

Class A Common Stock

Direct

S · Sale

−2.31K

Price / share

$174.06

Trade value

$402.08K

% of position

0.8%

11/16/2020

279.51K→277.20K

Class A Common Stock

Direct

S · Sale

−24.33K

Price / share

$175.48

Trade value

$4.27M

% of position

8.8%

11/16/2020

277.20K→252.87K

Class A Common Stock

Direct

S · Sale

−41.31K

Price / share

$176.47

Trade value

$7.29M

% of position

16.3%

11/16/2020

252.87K→211.56K

Class A Common Stock

Direct

S · Sale

−114.72K

Price / share

$177.42

Trade value

$20.35M

% of position

54.2%

11/16/2020

211.56K→96.84K

Class A Common Stock

Direct

S · Sale

−17.17K

Price / share

$178.30

Trade value

$3.06M

% of position

17.7%

11/16/2020

96.84K→79.67K

Class A Common Stock

Direct

S · Sale

−163.00

Price / share

$179.98

Trade value

$29.34K

% of position

0.2%

11/17/2020

79.67K→79.51K

Total

Net shares

+0.00

Net value

-$35.41M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	11/16/2020	C · Conversion	+200K	—	—	251.6%	79.51K	279.51K
Class A Common Stock Direct	11/16/2020	S · Sale	−2.31K	$174.06	$402.08K	0.8%	279.51K	277.20K
Class A Common Stock Direct	11/16/2020	S · Sale	−24.33K	$175.48	$4.27M	8.8%	277.20K	252.87K
Class A Common Stock Direct	11/16/2020	S · Sale	−41.31K	$176.47	$7.29M	16.3%	252.87K	211.56K
Class A Common Stock Direct	11/16/2020	S · Sale	−114.72K	$177.42	$20.35M	54.2%	211.56K	96.84K
Class A Common Stock Direct	11/16/2020	S · Sale	−17.17K	$178.30	$3.06M	17.7%	96.84K	79.67K
Class A Common Stock Direct	11/17/2020	S · Sale	−163.00	$179.98	$29.34K	0.2%	79.67K	79.51K
Total			+0.00		-$35.41M

Derivative Transactions1

Class B Common Stock

Direct

C · Conversion

Converts to

Class A Common Stock

200K shares

−200K

Strike price

Held after

1.61M

Exercisable

—

11/16/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Class B Common Stock Direct	Class A Common Stock200K shares	11/16/2020	C · Conversion	−200K		—	1.61M

Non-Derivative Holdings (Post-Transaction)1

Class A Common Stock

Indirect

Shares owned175K

Total

175K indirect175K

Security Title	Shares Owned	Ownership Type
Class A Common Stock	175K	Indirect
Total	175K	175K indirect

Derivative Holdings (Post-Transaction)1

Class B Common Stock

Indirect

Underlying security

Class A Common Stock

Underlying shares

13.05M

Shares owned

13.05M

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

13.05M

Owned

13.05M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Class B Common Stock Indirect	Class A Common Stock		—	—	13.05M	13.05M
Total					13.05M	13.05M