SEC Form 4 · accession 0001179110-17-011762
WINMARK CORP · WINA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Murphy
Officer — President of Franchising
Period of report
Aug 21, 2017
Accepted (ET)
Aug 23, 2017 · 2:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000908315
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 21, 2017 | M | 1,000 | $22.15 | A | 1,000 | D | |
| Common StockF2 | Aug 21, 2017 | S | 1,000 | $129.85 | D | 0 | D | |
| Common Stock | Aug 22, 2017 | M | 1,000 | $22.15 | A | 1,000 | D | |
| Commont Stock | Aug 22, 2017 | M | 2,000 | $31.19 | A | 3,000 | D | |
| Common StockF3 | Aug 22, 2017 | S | 1,526 | $129.13 | D | 1,474 | D | |
| Common StockF4 | Aug 22, 2017 | S | 474 | $128.41 | D | 1,000 | D | |
| Common Stock | holding | — | — | — | 92,952 | I | By Trust | |
| Common Stock | holding | — | — | — | 350 | I | By Son 1 | |
| Common Stock | holding | — | — | — | 350 | I | By Son 2 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F5,F1 | $22.15 | Aug 21, 2017 | M | 2,000 | D | Dec 10, 2010 | Dec 10, 2019 | Common Stock | 2,000 | 0 | D |
| Employee Stock Option (right to buy)F1 | $31.19 | Aug 22, 2017 | M | 2,000 | D | Jun 1, 2011 | Jun 1, 2020 | Common Stock | 6,000 | 4,000 | D |
| Employee Stock Option (right to buy)F1 | $37.76 | holding | — | — | — | Jun 1, 2012 | Jun 1, 2021 | Common Stock | 6,500 | 6,500 | D |
| Employee Stock Option (right to buy)F1 | $53.34 | holding | — | — | — | Dec 8, 2012 | Dec 8, 2021 | Common Stock | 9,250 | 9,250 | D |
| Employee Stock Option (right to buy)F1 | $51.17 | holding | — | — | — | Jun 1, 2013 | Jun 1, 2022 | Common Stock | 9,250 | 9,250 | D |
| Employee Stock Option (right to buy)F1 | $55.72 | holding | — | — | — | Dec 13, 2013 | Dec 13, 2022 | Common Stock | 9,250 | 9,250 | D |
| Employee Stock Option (right to buy)F1 | $59.77 | holding | — | — | — | Jun 1, 2014 | Jun 1, 2023 | Common Stock | 9,250 | 9,250 | D |
| Employee Stock Option (right to buy)F1 | $82.72 | holding | — | — | — | Dec 16, 2014 | Dec 16, 2023 | Common Stock | 9,250 | 9,250 | D |
| Employee Stock Option (right to buy)F1 | $66.29 | holding | — | — | — | Jun 1, 2015 | Jun 1, 2024 | Common Stock | 8,500 | 8,500 | D |
| Employee Stock Option (right to buy)F1 | $80.32 | holding | — | — | — | Dec 15, 2015 | Dec 15, 2024 | Common Stock | 8,500 | 8,500 | D |
| Employee Stock Option (right to buy)F1 | $91.93 | holding | — | — | — | Jun 1, 2016 | Jun 1, 2025 | Common Stock | 6,800 | 6,800 | D |
| Employee Stock Option (right to buy)F1 | $90.99 | holding | — | — | — | Dec 14, 2016 | Dec 14, 2025 | Common Stock | 6,800 | 6,800 | D |
| Employee Stock OptionF1 | $98.25 | holding | — | — | — | Jun 1, 2017 | Jun 1, 2026 | Common Stock | 5,000 | 5,000 | D |
| Employee Stock Option (right to buy)F1 | $125.50 | holding | — | — | — | Dec 12, 2017 | Dec 12, 2026 | Common Stock | 5,000 | 5,000 | D |
| Employee Stock Option (right to buy)F1 | $122.50 | holding | — | — | — | Jun 1, 2018 | Jun 1, 2027 | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F125% per year for 4 years
- F21,000 shares sold at an average price of $129.85, with a range of $129.25 to $130.00, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
- F31,526 shares sold at an average price of $129.13, with a range of $129.00 to $129.70, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
- F4474 shares sold at an average price of $128.41, with a range of $128.35 to $128.50, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
- F51,000 option shares exercised 8/21/2017 and 1,000 option shares exercised 8/22/17 as indicated in Table 1.