Brett D. Heffes - Nov 1, 2022 Form 4 Insider Report for WINMARK CORP (WINA)

Role
CHAIRMAN AND CEO, Director
Signature
/s/ Brett D. Heffes
Stock symbol
WINA
Transactions as of
Nov 1, 2022
Transactions value $
-$1,985,277
Form type
4
Date filed
11/3/2022, 04:45 PM
Previous filing
Jun 1, 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 $177K +1.93K +1.79% $91.93 110K Nov 1, 2022 Direct
transaction WINA Common Stock Options Exercise $466K +5.12K +4.67% $90.99 115K Nov 1, 2022 Direct
transaction WINA Common Stock Options Exercise $83.9K +854 +0.74% $98.25 116K Nov 1, 2022 Direct
transaction WINA Common Stock Sale -$136K -537 -0.46% $253.97 115K Nov 1, 2022 Direct F1
transaction WINA Common Stock Sale -$237K -937 -0.82% $252.47 114K Nov 1, 2022 Direct F2
transaction WINA Common Stock Sale -$734K -2.92K -2.56% $251.71 111K Nov 1, 2022 Direct F3
transaction WINA Common Stock Sale -$878K -3.51K -3.16% $250.24 108K Nov 1, 2022 Direct F4
transaction WINA Common Stock Options Exercise $153K +1.68K +1.57% $90.99 109K Nov 1, 2022 Direct
transaction WINA Common Stock Options Exercise $100K +816 +0.75% $122.50 110K Nov 1, 2022 Direct
transaction WINA Common Stock Gift $0 -1.6K -1.45% $0.00 109K Nov 2, 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 -$177K -1.93K -100% $91.93 0 Nov 1, 2022 Common Stock 1.93K $91.93 Direct F5
transaction WINA Employee Stock Option (right to buy) Options Exercise -$619K -6.8K -100% $90.99 0 Nov 1, 2022 Common Stock 6.8K $90.99 Direct F5
transaction WINA Employee Stock Option (right to buy) Options Exercise -$83.9K -854 -21.44% $98.25 3.13K Nov 1, 2022 Common Stock 3.98K $98.25 Direct F5
transaction WINA Employee Stock Option (right to buy) Options Exercise -$100K -816 -16.32% $122.50 4.18K Nov 1, 2022 Common Stock 5K $122.50 Direct F5
holding WINA Employee Stock Option (right to buy) 9.36K Nov 1, 2022 Common Stock 9.36K $197.80 Direct F5
holding WINA Employee Stock Option (right to buy) 5K Nov 1, 2022 Common Stock 5K $125.50 Direct F5
holding WINA Employee Stock Option (right to buy) 5K Nov 1, 2022 Common Stock 5K $134.25 Direct F5
holding WINA Employee Stock Option (right to buy) 5K Nov 1, 2022 Common Stock 5K $143.20 Direct F5
holding WINA Employee Stock Option (right to buy) 5K Nov 1, 2022 Common Stock 5K $156.00 Direct F5
holding WINA Employee Stock Option (right to buy) 4K Nov 1, 2022 Common Stock 4K $164.84 Direct F5
holding WINA Employee Stock Option (right to buy) 4K Nov 1, 2022 Common Stock 4K $176.20 Direct F5
holding WINA Employee Stock Option (right to buy) 4K Nov 1, 2022 Common Stock 4K $143.87 Direct F5
holding WINA Employee Stock Option (right to buy) 4K Nov 1, 2022 Common Stock 4K $183.87 Direct F5
holding WINA Employee Stock Option (right to buy) 4K Nov 1, 2022 Common Stock 4K $195.82 Direct F5
holding WINA Employee Stock Option (right to buy) 11.1K Nov 1, 2022 Common Stock 11.1K $261.32 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 537 shares sold at an average price of $253.97, with a range of $253.30 to $254.24, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F2 937 shares sold at an average price of $252.47 with a range of $252.07 to $252.88, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F3 2,917 shares sold at an average price of $251.71, with a range of $251.05 to $252.03, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F4 3,509 shares sold at an average price of $250.24, with a range of $250.00 to $250.95, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F5 25% per year for four years.