Brett D. Heffes - Apr 26, 2023 Form 4 Insider Report for WINMARK CORP (WINA)

Role
CHAIRMAN AND CEO, Director
Signature
/s/ Brett D Heffes
Stock symbol
WINA
Transactions as of
Apr 26, 2023
Transactions value $
-$2,207,301
Form type
4
Date filed
4/27/2023, 04:07 PM
Previous filing
Dec 12, 2022
Next filing
Jun 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WINA Common Stock Options Exercise $150K +1.53K +1.41% $98.25 110K Apr 26, 2023 Direct
transaction WINA Common Stock Options Exercise $628K +5K +4.54% $125.50 115K Apr 26, 2023 Direct
transaction WINA Common Stock Sale -$743K -2.22K -1.93% $335.25 113K Apr 26, 2023 Direct F1
transaction WINA Common Stock Sale -$341K -1.01K -0.89% $338.43 112K Apr 26, 2023 Direct F2
transaction WINA Common Stock Sale -$1.12M -3.3K -2.95% $340.07 109K Apr 26, 2023 Direct F3
transaction WINA Common Stock Options Exercise $157K +1.6K +1.48% $98.25 110K Apr 26, 2023 Direct
transaction WINA Common Stock Options Exercise $100K +698 +0.63% $143.20 111K Apr 26, 2023 Direct
transaction WINA Common Stock Gift $0 -800 -0.72% $0.00 110K Apr 27, 2023 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 -$307K -3.13K -100% $98.25 0 Apr 27, 2023 Common Stock 3.13K $98.25 Direct F4
transaction WINA Employee Stock Option (right to buy) Options Exercise -$100K -698 -13.96% $143.20 4.3K Apr 27, 2023 Common Stock 5K $143.20 Direct F4
transaction WINA Employee Stock Option (right to buy) Options Exercise -$628K -5K -100% $125.50 0 Apr 27, 2023 Common Stock 5K $125.50 Direct F4
holding WINA Employee Stock Option (right to buy) 4.18K Apr 26, 2023 Common Stock 4.18K $122.50 Direct F4
holding WINA Employee Stock Option (right to buy) 5K Apr 26, 2023 Common Stock 5K $134.25 Direct F4
holding WINA Employee Stock Option (right to buy) 5K Apr 26, 2023 Common Stock 5K $156.00 Direct F4
holding WINA Employee Stock Option (right to buy) 4K Apr 26, 2023 Common Stock 4K $164.84 Direct F4
holding WINA Employee Stock Option (right to buy) 4K Apr 26, 2023 Common Stock 4K $176.20 Direct F4
holding WINA Employee Stock Option (right to buy) 4K Apr 26, 2023 Common Stock 4K $143.87 Direct F4
holding WINA Employee Stock Option (right to buy) 4K Apr 26, 2023 Common Stock 4K $183.87 Direct F4
holding WINA Employee Stock Option (right to buy) 4K Apr 26, 2023 Common Stock 4K $195.82 Direct F4
holding WINA Employee Stock Option (right to buy) 11.1K Apr 26, 2023 Common Stock 11.1K $261.32 Direct F4
holding WINA Employee Stock Option (right to buy) 9.36K Apr 26, 2023 Common Stock 9.36K $197.80 Direct F4
holding WINA Employee Stock Option (right to buy) 5.74K Apr 26, 2023 Common Stock 5.74K $238.60 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 2,216 shares sold at an average price of $335.25 with a range of $335.10 to $335.74, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F2 1,009 shares sold at an average price of $338.43 with a range of $338.00 to $338.91, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F3 3,302 shares sold at an average price of $340.07 with a range of $340.00 to $340.78, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F4 25% per year for four years.