SEC Form 4 · accession 0001179110-17-011792
WINMARK CORP · WINA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jenele C Grassle
Director
Period of report
Aug 21, 2017
Accepted (ET)
Aug 23, 2017 · 6:02 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 | 2,000 | $12.75 | A | 8,500 | D | |
| Common StockF2 | Aug 21, 2017 | S | 425 | $129.74 | D | 8,075 | D | |
| Common Stock | Aug 21, 2017 | S | 200 | $130.81 | D | 7,875 | D | |
| Common StockF3 | Aug 22, 2017 | S | 825 | $129.23 | D | 7,050 | D | |
| Common StockF4 | Aug 22, 2017 | S | 500 | $130.36 | D | 6,550 | D | |
| Common StockF5 | Aug 23, 2017 | S | 125 | $127.44 | D | 6,425 | D | |
| Common StockF6 | Aug 23, 2017 | S | 925 | $128.13 | D | 5,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Employee Director Stock Option (right to buy)F1 | $12.75 | Aug 21, 2017 | M | 2,000 | D | Dec 11, 2009 | Dec 11, 2018 | Common Stock | 2,000 | 0 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $13.01 | holding | — | — | — | Jun 1, 2010 | Jun 1, 2019 | Common Stock | 1,000 | 1,000 | D |
| Nonemployee Director Stock Option (right to buy)F1 | $22.15 | holding | — | — | — | Dec 10, 2010 | Dec 10, 2019 | Common Stock | 1,000 | 1,000 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $31.19 | holding | — | — | — | Jun 1, 2011 | Jun 1, 2020 | Common Stock | 1,000 | 1,000 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $32.92 | holding | — | — | — | Dec 14, 2011 | Dec 14, 2020 | Common Stock | 1,000 | 1,000 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $37.76 | holding | — | — | — | Jun 1, 2012 | Jun 1, 2021 | Common Stock | 1,000 | 1,000 | D |
| Nonemployee Director Stock Option (right to buy)F1 | $53.34 | holding | — | — | — | Dec 8, 2012 | Dec 8, 2021 | Common Stock | 1,000 | 1,000 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $51.17 | holding | — | — | — | Jun 1, 2013 | Jun 1, 2022 | Common Stock | 1,000 | 1,000 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $55.72 | holding | — | — | — | Dec 13, 2013 | Dec 13, 2022 | Common Stock | 1,000 | 1,000 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $59.77 | holding | — | — | — | Jun 1, 2014 | Jun 1, 2023 | Common Stock | 1,000 | 1,000 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $82.72 | holding | — | — | — | Dec 16, 2014 | Dec 16, 2023 | Common Stock | 1,000 | 1,000 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $66.29 | holding | — | — | — | Jun 1, 2015 | Jun 1, 2024 | Common Stock | 1,000 | 1,000 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $80.32 | holding | — | — | — | Dec 15, 2015 | Dec 15, 2024 | Common Stock | 1,000 | 1,000 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $91.93 | holding | — | — | — | Jun 1, 2016 | Jun 1, 2025 | Common Stock | 800 | 800 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $90.99 | holding | — | — | — | Dec 14, 2016 | Dec 14, 2025 | Common Stock | 800 | 800 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $98.25 | holding | — | — | — | Jun 1, 2017 | Jun 1, 2026 | Common Stock | 800 | 800 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $125.50 | holding | — | — | — | Dec 12, 2017 | Dec 12, 2026 | Common Stock | 800 | 800 | D |
| Non-Employee Director Stock Option (right to buy)F1 | $122.50 | holding | — | — | — | Jun 1, 2018 | Jun 1, 2027 | Common Stock | 800 | 800 | D |
Explanation of responses
- F125% per year for four years.
- F2425 shares sold at an average price of $129.74, with a range of $129.40 to $130.00.
- F3825 shares sold at an average price of $129.23, with a range of $128.96 to $129.58.
- F4500 shares sold at an average price of $130.36, with a range of $130.00 to $130.80.
- F5125 shares sold at an average price of $127.44, with a range of $127.42 to $127.48.
- F6925 shares sold at an average price of $128.13, with a range of $127.53 to $128.53.