Brett D. Heffes - 21 Oct 2021 Form 4 Insider Report for WINMARK CORP (WINA)

Role
Chairman and CEO, Director
Signature
/s/Brett D. Heffes
Issuer symbol
WINA
Transactions as of
21 Oct 2021
Transactions value $
-$2,420,659
Form type
4
Filing time
25 Oct 2021, 17:46:44
Previous filing
01 Jun 2021
Next filing
29 Oct 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 $419K +5.21K +5.1% $80.32 107K 21 Oct 2021 Direct
transaction WINA Common Stock Sale -$1.14M -5.21K -4.85% $218.66 102K 21 Oct 2021 Direct F2
transaction WINA Common Stock Options Exercise $54.9K +683 +0.67% $80.32 103K 21 Oct 2021 Direct
transaction WINA Common Stock Options Exercise $99.9K +1.02K +0.99% $98.25 104K 21 Oct 2021 Direct
transaction WINA Common Stock Options Exercise $149K +1.8K +1.73% $82.72 106K 22 Oct 2021 Direct
transaction WINA Common Stock Options Exercise $44.7K +556 +0.53% $80.32 106K 22 Oct 2021 Direct
transaction WINA Common Stock Sale -$514K -2.36K -2.22% $218.20 104K 22 Oct 2021 Direct F3
transaction WINA Common Stock Options Exercise $64.3K +800 +0.77% $80.32 105K 22 Oct 2021 Direct
transaction WINA Common Stock Options Exercise $291K +3.52K +3.36% $82.72 108K 25 Oct 2021 Direct
transaction WINA Common Stock Sale -$767K -3.52K -3.25% $218.00 105K 25 Oct 2021 Direct F4
transaction WINA Common Stock Options Exercise $99.3K +1.2K +1.15% $82.72 106K 25 Oct 2021 Direct
transaction WINA Common Stock Options Exercise $8.03K +100 +0.09% $80.32 106K 25 Oct 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 -$539K -6.52K -70.48% $82.72 2.73K 22 Oct 2021 Common Stock 9.25K $82.72 Direct F1, F5
transaction WINA Employee Stock Option (right to buy) Options Exercise -$590K -7.35K -100% $80.32 0 21 Oct 2021 Common Stock 7.35K $80.32 Direct F1, F6
transaction WINA Employee Stock Option (right to buy) Options Exercise -$99.9K -1.02K -20.34% $98.25 3.98K 21 Oct 2021 Common Stock 5K $98.25 Direct F1
holding WINA Employee Stock Option (right to buy) 5.71K 21 Oct 2021 Common Stock 5.71K $91.93 Direct F1
holding WINA Employee Stock Option (right to buy) 6.8K 21 Oct 2021 Common Stock 6.8K $90.99 Direct F1
holding WINA Employee Stock Option (right to buy) 5K 21 Oct 2021 Common Stock 5K $125.50 Direct F1
holding WINA Employee Stock Option (right to buy) 5K 21 Oct 2021 Common Stock 5K $122.50 Direct F1
holding WINA Employee Stock Option (right to buy) 5K 21 Oct 2021 Common Stock 5K $134.25 Direct F1
holding WINA Employee Stock Option (right to buy) 5K 21 Oct 2021 Common Stock 5K $143.20 Direct F1
holding WINA Employee Stock Option (right to buy) 5K 21 Oct 2021 Common Stock 5K $156.00 Direct F1
holding WINA Employee Stock Option (right to buy) 4K 21 Oct 2021 Common Stock 4K $164.84 Direct F1
holding WINA Employee Stock Option (right to buy) 4K 21 Oct 2021 Common Stock 4K $176.20 Direct F1
holding WINA Employee Stock Option (right to buy) 4K 21 Oct 2021 Common Stock 4K $143.87 Direct F1
holding WINA Employee Stock Option (right to buy) 4K 21 Oct 2021 Common Stock 4K $183.87 Direct F1
holding WINA Employee Stock Option (right to buy) 4K 21 Oct 2021 Common Stock 4K $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 four years.
F2 5,211 shares sold at an average price of $218.66, with a range of $218.00 to $218.83, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F3 2,357 shares sold at an average price of $218.20, with a range of $218.00 to $218.50, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F4 3,518 shares sold at an average price of $218.00, with a range of $218.00 to $218.35, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F5 1,801 option shares exercised 10/22/2021 and 4,718 option shares exercised 10/25/2021 as indicated in Table I.
F6 5,894 option shares exercised 10/21/2021, 1,356 option shares exercised 10/22/21 and 100 option shares exercised 10/25/2021 as indicated in Table I.