Leah A. Goff - 08 Jun 2021 Form 4 Insider Report for WINMARK CORP (WINA)

Role: VP of Human Resources
Signature: /s/ Leah A. Goff-Rosenberg
Issuer symbol: WINA
Transactions as of: 08 Jun 2021
Net transactions value: -$524,793
Form type: 4
Filing time: 09 Jun 2021, 10:43:02 UTC
Previous filing: 01 Jun 2021
Next filing: 02 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WINA	Common Stock	Options Exercise	$36,312	+395	+4.3%	$91.93	9,570	08 Jun 2021	Direct
transaction	WINA	Common Stock	Options Exercise	$45,495	+500	+5.2%	$90.99	10,070	08 Jun 2021	Direct
transaction	WINA	Common Stock	Options Exercise	$40,774	+415	+4.1%	$98.25	10,485	08 Jun 2021	Direct
transaction	WINA	Common Stock	Options Exercise	$64,507	+514	+4.9%	$125.50	10,999	08 Jun 2021	Direct
transaction	WINA	Common Stock	Options Exercise	$61,250	+500	+4.5%	$122.50	11,499	08 Jun 2021	Direct
transaction	WINA	Common Stock	Options Exercise	$40,275	+300	+2.6%	$134.25	11,799	08 Jun 2021	Direct
transaction	WINA	Common Stock	Sale	$186,684	-931	-7.9%	$200.52	10,868	08 Jun 2021	Direct	F2
transaction	WINA	Common Stock	Sale	$338,109	-1,693	-16%	$199.71	9,175	08 Jun 2021	Direct	F3
transaction	WINA	Common Stock	Options Exercise	$55,618	+605	+6.6%	$91.93	9,780	08 Jun 2021	Direct
transaction	WINA	Common Stock	Options Exercise	$45,495	+500	+5.1%	$90.99	10,280	08 Jun 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	WINA	Employee Stock Option (right to buy)	Options Exercise	$91,930	-1,000	-100%	$91.93	0	08 Jun 2021	Common Stock	1,000	$91.93	Direct	F1
transaction	WINA	Employee Stock Option (right to buy)	Options Exercise	$90,990	-1,000	-100%	$90.99	0	08 Jun 2021	Common Stock	1,000	$90.99	Direct	F1
transaction	WINA	Employee Stock Option (right to buy)	Options Exercise	$40,774	-415	-42%	$98.25	585	08 Jun 2021	Common Stock	1,000	$98.25	Direct	F1
transaction	WINA	Employee Stock Option (right to buy)	Options Exercise	$64,507	-514	-51%	$125.50	486	08 Jun 2021	Common Stock	1,000	$125.50	Direct	F1
transaction	WINA	Employee Stock Option (right to buy)	Options Exercise	$61,250	-500	-50%	$122.50	500	08 Jun 2021	Common Stock	1,000	$122.50	Direct	F1
transaction	WINA	Employee Stock Option (right to buy)	Options Exercise	$40,275	-300	-30%	$134.25	700	08 Jun 2021	Common Stock	1,000	$134.25	Direct	F1
holding	WINA	Employee Stock Option (right to buy)						1,000	08 Jun 2021	Common Stock	1,000	$143.20	Direct	F1
holding	WINA	Employee Stock Option (right to buy)						1,000	08 Jun 2021	Common Stock	1,000	$156.00	Direct	F1
holding	WINA	Employee Stock Option (right to buy)						900	08 Jun 2021	Common Stock	900	$164.84	Direct	F1
holding	WINA	Employee Stock Option (right to buy)						900	08 Jun 2021	Common Stock	900	$176.20	Direct	F1
holding	WINA	Employee Stock Option (right to buy)						900	08 Jun 2021	Common Stock	900	$143.87	Direct	F1
holding	WINA	Employee Stock Option (right to buy)						900	08 Jun 2021	Common Stock	900	$183.87	Direct	F1
holding	WINA	Employee Stock Option (right to buy)						900	08 Jun 2021	Common Stock	900	$195.82	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	25% per year for 4 years
F2	(2) 931 shares sold at an average price of $200.52, with a range of $200.25 to $201.18, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F3	(3) 1,693 shares sold at an average price of $199.71, with a range of $199.50 to $200.12, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.