Yes, code 7 for someone over age 59½ making a Roth conversion from a traditional IRA to a Roth IRA. The IRA/SEP SIMPLE box will also be marked. As VolvoGirl said, make sure that the RMD for the year for all of your traditional IRAs has been satisfied before doing any Roth conversions. The first funds during the year out are your RMD and no part of your RMD is permitted to be converted to Roth.
