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WINMARK CORP Director's Dealing 2024

Apr 22, 2024

31850_dirs_2024-04-22_8965065f-7b22-4722-9af8-085d9a249211.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2024-04-18

Reporting Person: HEFFES BRETT D (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-04-18 Common Stock M 3290 $122.50 Acquired 113290 Direct
2024-04-18 Common Stock M 5000 $134.25 Acquired 118290 Direct
2024-04-18 Common Stock S 146 $385.35 Disposed 118144 Direct
2024-04-18 Common Stock S 1667 $383.31 Disposed 116477 Direct
2024-04-18 Common Stock S 10 $380.36 Disposed 116467 Direct
2024-04-18 Common Stock S 4 $379.23 Disposed 116463 Direct
2024-04-18 Common Stock S 200 $374.16 Disposed 116263 Direct
2024-04-18 Common Stock S 504 $373.23 Disposed 115759 Direct
2024-04-18 Common Stock S 3188 $372.14 Disposed 112571 Direct
2024-04-18 Common Stock S 314 $367.81 Disposed 112257 Direct
2024-04-18 Common Stock S 2257 $366.46 Disposed 110000 Direct
2024-04-18 Common Stock M 894 $122.50 Acquired 110894 Direct
2024-04-18 Common Stock M 606 $164.84 Acquired 111500 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-04-18 Employee Stock Option (right to buy) $122.50 M 4184 Disposed 2027-06-01 Common Stock (4184) Direct
2024-04-18 Employee Stock Option (right to buy) $134.25 M 5000 Disposed 2027-12-11 Common Stock (5000) Direct
2024-04-18 Employee Stock Option (right to buy) $164.84 M 606 Disposed 2029-06-01 Common Stock (4000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 285 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $143.20 2028-06-01 Common Stock (4302) 4302 Direct
Employee Stock Option (right to buy) $156 2028-12-11 Common Stock (5000) 5000 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
Employee Stock Option (right to buy) $197.80 2032-06-01 Common Stock (9360) 9360 Direct
Employee Stock Option (right to buy) $238.60 2032-12-12 Common Stock (5740) 5740 Direct
Employee Stock Option (right to buy) $325.99 2033-06-01 Common Stock (4120) 4120 Direct

Footnotes

F1: 146 shares sold at an average price of $385.35 with a range of $385.325 to $385.62, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.

F2: 1,667 shares sold at an average price of $383.31 with a range of $383.31 to $383.41, to cover payment of exercise price of and taxes due on option exercises included in this Form 4

F3: 10 shares sold at an average price of $380.36 with a range of $380.35 to $380.365, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.

F4: 4 shares sold at an average price of $379.23 with a range of $379.00 to $379.90, to cover payment of exercise price of and taxes due on option exercises included on this Form 4

F5: 200 Shares sold at a price of $374.16 to cover payment of exercise price of and taxes due on option exercised included on this Form 4.

F6: 504 shares sold at an average price of $373.23 with a range of $373.01 to $373.92, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.

F7: 3,188 shares sold at an average price of $372.14 with a range of $372.00 to $372.75, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.

F8: 314 shares sold at an average price of $367.81 with a range of $367.59 to $367.905 to cover payment of exercise price and taxes due on option exercises included on this Form 4.

F9: 2,257 Shares sold at an average price of $366.46 with a range of $366.00 to $366.94, to cover payment of exercise price of an taxes due on option exercises on this Form 4.

F10: 25% per year for four years.