AI assistant
WINMARK CORP — Director's Dealing 2022
Nov 3, 2022
31850_dirs_2022-11-03_e97a9253-afef-4b0d-b81f-0005a4dd8bee.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2022-11-01
Reporting Person: HEFFES BRETT D (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-01 | Common Stock | M | 1930 | $91.93 | Acquired | 109530 | Direct |
| 2022-11-01 | Common Stock | M | 5116 | $90.99 | Acquired | 114646 | Direct |
| 2022-11-01 | Common Stock | M | 854 | $98.25 | Acquired | 115500 | Direct |
| 2022-11-01 | Common Stock | S | 537 | $253.97 | Disposed | 114963 | Direct |
| 2022-11-01 | Common Stock | S | 937 | $252.47 | Disposed | 114026 | Direct |
| 2022-11-01 | Common Stock | S | 2917 | $251.71 | Disposed | 111109 | Direct |
| 2022-11-01 | Common Stock | S | 3509 | $250.24 | Disposed | 107600 | Direct |
| 2022-11-01 | Common Stock | M | 1684 | $90.99 | Acquired | 109284 | Direct |
| 2022-11-01 | Common Stock | M | 816 | $122.50 | Acquired | 110100 | Direct |
| 2022-11-02 | Common Stock | G | 1600 | — | Disposed | 108500 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-01 | Employee Stock Option (right to buy) | $91.93 | M | 1930 | Disposed | 2025-06-01 | Common Stock (1930) | Direct |
| 2022-11-01 | Employee Stock Option (right to buy) | $90.99 | M | 6800 | Disposed | 2025-12-14 | Common Stock (6800) | Direct |
| 2022-11-01 | Employee Stock Option (right to buy) | $98.25 | M | 854 | Disposed | 2026-06-01 | Common Stock (3983) | Direct |
| 2022-11-01 | Employee Stock Option (right to buy) | $122.50 | M | 816 | Disposed | 2027-06-01 | Common Stock (5000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $197.80 | 2032-06-01 | Common Stock (9360) | 9360 | Direct |
| Employee Stock Option (right to buy) | $125.50 | 2026-12-12 | Common Stock (5000) | 5000 | Direct |
| Employee Stock Option (right to buy) | $134.25 | 2027-12-11 | Common Stock (5000) | 5000 | Direct |
| Employee Stock Option (right to buy) | $143.20 | 2028-06-01 | Common Stock (5000) | 5000 | Direct |
| Employee Stock Option (right to buy) | $156 | 2028-12-11 | Common Stock (5000) | 5000 | Direct |
| Employee Stock Option (right to buy) | $164.84 | 2029-06-01 | Common Stock (4000) | 4000 | Direct |
| Employee Stock Option (right to buy) | $176.20 | 2029-12-16 | Common Stock (4000) | 4000 | Direct |
| Employee Stock Option (right to buy) | $143.87 | 2030-06-01 | Common Stock (4000) | 4000 | Direct |
| Employee Stock Option (right to buy) | $183.87 | 2030-12-14 | Common Stock (4000) | 4000 | Direct |
| Employee Stock Option (right to buy) | $195.82 | 2031-06-01 | Common Stock (4000) | 4000 | Direct |
| Employee Stock Option (right to buy) | $261.32 | 2031-12-13 | Common Stock (11100) | 11100 | Direct |
Footnotes
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.