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

Open‑market sale worth $43.47M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 6 sales

MCKELVEY JAMES MORGAN JR.

Filed: 12/16/2020ACC: 0001209191-20-063845

InsiderMCKELVEY JAMES MORGAN JR.CIK 1658460

→

IssuerBLOCK, INC.CIK 1512673

Director

Since Jul 2018

-200K

Net shares

Net seller

$43.47M

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%

12/14/2020

79.51K→279.51K

Class A Common Stock

Direct

S · Sale

−28.85K

Price / share

$215.54

Trade value

$6.22M

% of position

10.3%

12/14/2020

279.51K→250.66K

Class A Common Stock

Direct

S · Sale

−48.99K

Price / share

$216.37

Trade value

$10.60M

% of position

19.5%

12/14/2020

250.66K→201.66K

Class A Common Stock

Direct

S · Sale

−49.96K

Price / share

$217.55

Trade value

$10.87M

% of position

24.8%

12/14/2020

201.66K→151.71K

Class A Common Stock

Direct

S · Sale

−56.04K

Price / share

$218.40

Trade value

$12.24M

% of position

36.9%

12/14/2020

151.71K→95.67K

Class A Common Stock

Direct

S · Sale

−15.80K

Price / share

$219.41

Trade value

$3.47M

% of position

16.5%

12/14/2020

95.67K→79.87K

Class A Common Stock

Direct

S · Sale

−363.00

Price / share

$220.31

Trade value

$79.97K

% of position

0.5%

12/14/2020

79.87K→79.51K

Total

Net shares

+0.00

Net value

-$43.47M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Class A Common Stock Direct	12/14/2020	C · Conversion	+200K	—	—	251.6%	79.51K	279.51K
Class A Common Stock Direct	12/14/2020	S · Sale	−28.85K	$215.54	$6.22M	10.3%	279.51K	250.66K
Class A Common Stock Direct	12/14/2020	S · Sale	−48.99K	$216.37	$10.60M	19.5%	250.66K	201.66K
Class A Common Stock Direct	12/14/2020	S · Sale	−49.96K	$217.55	$10.87M	24.8%	201.66K	151.71K
Class A Common Stock Direct	12/14/2020	S · Sale	−56.04K	$218.40	$12.24M	36.9%	151.71K	95.67K
Class A Common Stock Direct	12/14/2020	S · Sale	−15.80K	$219.41	$3.47M	16.5%	95.67K	79.87K
Class A Common Stock Direct	12/14/2020	S · Sale	−363.00	$220.31	$79.97K	0.5%	79.87K	79.51K
Total			+0.00		-$43.47M

Derivative Transactions1

Class B Common Stock

Direct

C · Conversion

Converts to

Class A Common Stock

200K shares

−200K

Strike price

Held after

1.41M

Exercisable

—

12/14/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Class B Common Stock Direct	Class A Common Stock200K shares	12/14/2020	C · Conversion	−200K		—	1.41M

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