McKelvey James Morgan Jr. 4
4 · Block, Inc. · Filed Jun 15, 2023
Insider Transaction Report
Form 4
McKelvey James Morgan Jr.
Director
Transactions
- Award
Class A Common Stock
2023-06-13+3,815→ 9,838 total
Holdings
- 125,000(indirect: See Footnote)
Class A Common Stock
- 12,259,025(indirect: See Footnote)
Class B Common Stock
→ Class A Common Stock (12,259,025 underlying)
Footnotes (4)
- [F1]Represents an automatic annual restricted stock unit (RSU) award issued pursuant to the Issuer's Outside Director Compensation Policy. Each RSU represents a contingent right to receive one share of Issuer's Class A Common Stock upon settlement. 100% of the RSUs vest on the earlier of June 13, 2024, or the date of the Issuer's next annual meeting of stockholders.
- [F2]The shares are held by the Anna Elefteria Ntenta Trust, dated 11/30/2017, for the benefit of the Reporting Person's spouse.
- [F3]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.
- [F4]The shares are held of record by the James McKelvey, Jr. Revocable Trust dated July 2, 2014, for which the Reporting Person serves as a Trustee.