Brett D. Heffes - Oct 28, 2021 Form 4 Insider Report for WINMARK CORP (WINA)

Role
Chairman and CEO, Director
Signature
/s/Brett D. Heffes
Stock symbol
WINA
Transactions as of
Oct 28, 2021
Transactions value $
-$1,105,689
Form type
4
Date filed
10/29/2021, 04:41 PM
Previous filing
Oct 25, 2021
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WINA Common Stock Options Exercise $93.6K +1.13K +1.07% $82.72 107K Oct 28, 2021 Direct
transaction WINA Common Stock Options Exercise $348K +3.78K +3.53% $91.93 111K Oct 28, 2021 Direct
transaction WINA Common Stock Sale -$25.7K -114 -0.1% $225.34 111K Oct 28, 2021 Direct F2
transaction WINA Common Stock Sale -$1.08M -4.8K -4.33% $225.00 106K Oct 28, 2021 Direct F3
transaction WINA Common Stock Options Exercise $132K +1.6K +1.51% $82.72 108K Oct 28, 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 -$226K -2.73K -100% $82.72 0 Oct 28, 2021 Common Stock 2.73K $82.72 Direct F1
transaction WINA Employee Stock Option (right to buy) Options Exercise -$348K -3.78K -66.22% $91.93 1.93K Oct 28, 2021 Common Stock 5.71K $91.93 Direct F1
holding WINA Employee Stock Option (right to buy) 6.8K Oct 28, 2021 Common Stock 6.8K $90.99 Direct F1
holding WINA Employee Stock Option (right to buy) 3.98K Oct 28, 2021 Common Stock 3.98K $98.25 Direct F1
holding WINA Employee Stock Option (right to buy) 5K Oct 28, 2021 Common Stock 5K $125.50 Direct F1
holding WINA Employee Stock Option (right to buy) 5K Oct 28, 2021 Common Stock 5K $122.50 Direct F1
holding WINA Employee Stock Option (right to buy) 5K Oct 28, 2021 Common Stock 5K $134.25 Direct F1
holding WINA Employee Stock Option (right to buy) 5K Oct 28, 2021 Common Stock 5K $143.20 Direct F1
holding WINA Employee Stock Option (right to buy) 5K Oct 28, 2021 Common Stock 5K $156.00 Direct F1
holding WINA Employee Stock Option (right to buy) 4K Oct 28, 2021 Common Stock 4K $164.84 Direct F1
holding WINA Employee Stock Option (right to buy) 4K Oct 28, 2021 Common Stock 4K $176.20 Direct F1
holding WINA Employee Stock Option (right to buy) 4K Oct 28, 2021 Common Stock 4K $143.87 Direct F1
holding WINA Employee Stock Option (right to buy) 4K Oct 28, 2021 Common Stock 4K $183.87 Direct F1
holding WINA Employee Stock Option (right to buy) 4K Oct 28, 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 114 shares sold at an average price of $225.34, with a range of $225.20 to $226.20, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F3 4,800 shares sold at an average price of $225.00, with a range of $225.00 to $225.06, to cover payment of exercise price of and taxes due on option exercises included on this Form 4