Brett D. Heffes - 28 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
28 Oct 2021
Net transactions value
-$1,105,689
Form type
4
Filing time
29 Oct 2021, 16:41:24 UTC
Previous filing
25 Oct 2021
Next filing
13 Dec 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 $93,556 +1,131 +1.1% $82.72 107,131 28 Oct 2021 Direct
transaction WINA Common Stock Options Exercise $347,771 +3,783 +3.5% $91.93 110,914 28 Oct 2021 Direct
transaction WINA Common Stock Sale $25,689 -114 -0.1% $225.34 110,800 28 Oct 2021 Direct F2
transaction WINA Common Stock Sale $1,080,000 -4,800 -4.3% $225.00 106,000 28 Oct 2021 Direct F3
transaction WINA Common Stock Options Exercise $132,352 +1,600 +1.5% $82.72 107,600 28 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 $225,908 -2,731 -100% $82.72 0 28 Oct 2021 Common Stock 2,731 $82.72 Direct F1
transaction WINA Employee Stock Option (right to buy) Options Exercise $347,771 -3,783 -66% $91.93 1,930 28 Oct 2021 Common Stock 5,713 $91.93 Direct F1
holding WINA Employee Stock Option (right to buy) 6,800 28 Oct 2021 Common Stock 6,800 $90.99 Direct F1
holding WINA Employee Stock Option (right to buy) 3,983 28 Oct 2021 Common Stock 3,983 $98.25 Direct F1
holding WINA Employee Stock Option (right to buy) 5,000 28 Oct 2021 Common Stock 5,000 $125.50 Direct F1
holding WINA Employee Stock Option (right to buy) 5,000 28 Oct 2021 Common Stock 5,000 $122.50 Direct F1
holding WINA Employee Stock Option (right to buy) 5,000 28 Oct 2021 Common Stock 5,000 $134.25 Direct F1
holding WINA Employee Stock Option (right to buy) 5,000 28 Oct 2021 Common Stock 5,000 $143.20 Direct F1
holding WINA Employee Stock Option (right to buy) 5,000 28 Oct 2021 Common Stock 5,000 $156.00 Direct F1
holding WINA Employee Stock Option (right to buy) 4,000 28 Oct 2021 Common Stock 4,000 $164.84 Direct F1
holding WINA Employee Stock Option (right to buy) 4,000 28 Oct 2021 Common Stock 4,000 $176.20 Direct F1
holding WINA Employee Stock Option (right to buy) 4,000 28 Oct 2021 Common Stock 4,000 $143.87 Direct F1
holding WINA Employee Stock Option (right to buy) 4,000 28 Oct 2021 Common Stock 4,000 $183.87 Direct F1
holding WINA Employee Stock Option (right to buy) 4,000 28 Oct 2021 Common Stock 4,000 $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