MCKELVEY JAMES MORGAN JR. reported 2 transactions at BLOCK, INC.
Review the transaction codes below to understand the nature of each event.
Filed: 12/22/2020ACC: 0001209191-20-064806
-300K
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
3
Total transactions
223.13K acquired · 523.13K disposed
Non-Derivative Transactions2
Class A Common Stock
Direct
Shares
+223.13K
Price / share
—
Trade value
—
% of position
280.6%
12/18/2020
79.51K→302.64K
Class A Common Stock
Direct
Shares
−300K
Price / share
—
Trade value
—
% of position
99.1%
12/18/2020
302.64K→2.64K
Total
Net shares
−76.87K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 12/18/2020 | C · Conversion | +223.13K | — | — | 280.6% | 79.51K | 302.64K |
| Class A Common Stock Direct | 12/18/2020 | G · Gift | −300K | — | — | 99.1% | 302.64K | 2.64K |
| Total | −76.87K | $0.00 | ||||||
Derivative Transactions1
Class B Common Stock
Direct
Converts to
Class A Common Stock
223.13K shares
Shares
−223.13K
Strike price
Held after
1.18M
Exercisable
—
12/18/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class B Common Stock Direct | Class A Common Stock223.13K shares | 12/18/2020 | C · Conversion | −223.13K | — | 1.18M |
Non-Derivative Holdings (Post-Transaction)1
Class A Common Stock
IndirectShares 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
IndirectUnderlying 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 | ||||