Anthony D. Ishaug - Oct 18, 2022 Form 4 Insider Report for WINMARK CORP (WINA)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Anthony D. Ishaug
Stock symbol
WINA
Transactions as of
Oct 18, 2022
Transactions value $
-$1,396,957
Form type
4
Date filed
10/19/2022, 05:16 PM
Previous filing
Aug 30, 2022
Next filing
Dec 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WINA Common Stock Options Exercise $140K +2.5K +6.23% $55.72* 42.7K Oct 18, 2022 Direct
transaction WINA Common Stock Sale -$104K -443 -1.04% $234.49 42.3K Oct 18, 2022 Direct F1
transaction WINA Common Stock Sale -$482K -2.06K -4.87% $233.87 40.2K Oct 18, 2022 Direct F2
transaction WINA Common Stock Options Exercise $125K +2.25K +5.59% $55.72* 42.5K Oct 18, 2022 Direct
transaction WINA Common Stock Options Exercise $209K +3.5K +8.23% $59.77* 46K Oct 19, 2022 Direct
transaction WINA Common Stock Sale -$811K -3.5K -7.6% $232.00 42.5K Oct 19, 2022 Direct
transaction WINA Common Stock Options Exercise $149K +2.67K +6.3% $55.72* 45.1K Oct 19, 2022 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 -$414K -7.43K -100% $55.72* 0 Oct 18, 2022 Common Stock 7.43K $55.72 Direct F3, F4
transaction WINA Employee Stock Option (right to buy) Options Exercise -$209K -3.5K -60% $59.77* 2.33K Oct 19, 2022 Common Stock 5.83K $59.77 Direct F4
holding WINA Employee Stock Option (right to buy) 7.5K Oct 18, 2022 Common Stock 7.5K $82.72 Direct F4
holding WINA Employee Stock Option (right to buy) 5.99K Oct 18, 2022 Common Stock 5.99K $66.29 Direct F4
holding WINA Employee Stock Option (right to buy) 7.5K Oct 18, 2022 Common Stock 7.5K $80.32 Direct F4
holding WINA Employee Stock Option (right to buy) 5.71K Oct 18, 2022 Common Stock 5.71K $91.93 Direct F4
holding WINA Employee Stock Option (right to buy) 6.8K Oct 18, 2022 Common Stock 6.8K $90.99 Direct F4
holding WINA Employee Stock Option (right to buy) 5.78K Oct 18, 2022 Common Stock 5.78K $98.25 Direct F4
holding WINA Employee Stock Option (right to buy) 6.8K Oct 18, 2022 Common Stock 6.8K $125.50 Direct F4
holding WINA Employee Stock Option (right to buy) 4.18K Oct 18, 2022 Common Stock 5K $122.50 Direct F4
holding WINA Employee Stock Option (right to buy) 5K Oct 18, 2022 Common Stock 5K $134.25 Direct F4
holding WINA Employee Stock Option (right to buy) 5K Oct 18, 2022 Common Stock 5K $143.20 Direct F4
holding WINA Employee Stock Option (right to buy) 5K Oct 18, 2022 Common Stock 5K $156.00 Direct F4
holding WINA Employee Stock Option (right to buy) 4K Oct 18, 2022 Common Stock 4K $164.84 Direct F4
holding WINA Employee Stock Option (right to buy) 4K Oct 18, 2022 Common Stock 4K $176.20 Direct F4
holding WINA Employee Stock Option (right to buy) 4K Oct 18, 2022 Common Stock 4K $143.87 Direct F4
holding WINA Employee Stock Option (right to buy) 4K Oct 18, 2022 Common Stock 4K $183.87 Direct F4
holding WINA Employee Stock Option (right to buy) 4K Oct 18, 2022 Common Stock 4K $195.82 Direct F4
holding WINA Employee Stock Option (right to buy) 5.7K Oct 18, 2022 Common Stock 5.7K $261.32 Direct F4
holding WINA Employee Stock Option (right to buy) 5.92K Oct 18, 2022 Common Stock 5.92K $197.80 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 443 shares sold at an average price of $234.49, with a range of $234.01 to $235.01, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F2 2,061 shares sold at an average price of $233.87, with a range of $233.00 to $234.00, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F3 4,754 option shares exercised 10/18/2022 and 2,674 option shares exercised 10/19/2022 as indicated in Table I.
F4 25% per year for four years