GAUDETTE RENAE M. (Vice President of Franchising) exercised options at WINMARK CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

GAUDETTE RENAE M.

Filed: 8/30/2021ACC: 0001179110-21-008478

InsiderGAUDETTE RENAE M.CIK 1761880

→

IssuerWINMARK CORPCIK 908315

Officer· Vice President of Franchising

Since Dec 2018

0.00

Net shares

Net seller

$89.1K

Total acquired

Open market trades

0B · 0S

Total transactions

1.25K acquired · 1.25K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+625.00

Price / share

$59.77

Trade value

$37.36K

% of position

6.7%

8/30/2021

9.35K→9.97K

Common Stock

Direct

M · Option Exercise

+625.00

Price / share

$82.72

Trade value

$51.70K

% of position

6.3%

8/30/2021

9.97K→10.60K

Total

Net shares

+1.25K

Net value

$89.06K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/30/2021	M · Option Exercise	+625.00	$59.77	$37.36K	6.7%	9.35K	9.97K
Common Stock Direct	8/30/2021	M · Option Exercise	+625.00	$82.72	$51.70K	6.3%	9.97K	10.60K
Total			+1.25K		$89.06K

Derivative Transactions2

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

625.00 shares

−625.00

Strike price

59.77

Held after

0.00

Exercisable

—

8/30/2021

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.25K shares

−625.00

Strike price

82.72

Held after

625.00

Exercisable

—

8/30/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (right to buy) Direct	Common Stock625.00 shares	8/30/2021	M · Option Exercise	−625.00	59.77	—	0.00
Employee Stock Option (right to buy) Direct	Common Stock1.25K shares	8/30/2021	M · Option Exercise	−625.00	82.72	—	625.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)15

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

176.20

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

2.50K

Shares owned

2.50K

Exercise price

98.25

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

164.84

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

2.50K

Shares owned

2.50K

Exercise price

122.50

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

2.50K

Shares owned

2.50K

Exercise price

125.50

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

2.50K

Shares owned

2.50K

Exercise price

90.99

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

80.32

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

2.50K

Shares owned

2.50K

Exercise price

91.93

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

66.29

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

156

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

2.50K

Shares owned

2.50K

Exercise price

134.25

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

143.20

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

3.50K

Shares owned

3.50K

Exercise price

183.87

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

3.50K

Shares owned

3.50K

Exercise price

195.82

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

3.50K

Shares owned

3.50K

Exercise price

143.87

Expiration

—

Exercise window

—

Total

Underlying

43.50K

Owned

43.50K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (right to buy) Direct	Common Stock	176.20	—	—	3K	3K
Employee Stock Option (right to buy) Direct	Common Stock	98.25	—	—	2.50K	2.50K
Employee Stock Option (right to buy) Direct	Common Stock	164.84	—	—	3K	3K
Employee Stock Option (right to buy) Direct	Common Stock	122.50	—	—	2.50K	2.50K
Employee Stock Option (right to buy) Direct	Common Stock	125.50	—	—	2.50K	2.50K
Employee Stock Option (right to buy) Direct	Common Stock	90.99	—	—	2.50K	2.50K
Employee Stock Option (right to buy) Direct	Common Stock	80.32	—	—	3K	3K
Employee Stock Option (right to buy) Direct	Common Stock	91.93	—	—	2.50K	2.50K
Employee Stock Option (right to buy) Direct	Common Stock	66.29	—	—	3K	3K
Employee Stock Option (right to buy) Direct	Common Stock	156	—	—	3K	3K
Employee Stock Option (right to buy) Direct	Common Stock	134.25	—	—	2.50K	2.50K
Employee Stock Option (right to buy) Direct	Common Stock	143.20	—	—	3K	3K
Employee Stock Option (right to buy) Direct	Common Stock	183.87	—	—	3.50K	3.50K
Employee Stock Option (right to buy) Direct	Common Stock	195.82	—	—	3.50K	3.50K
Employee Stock Option (right to buy) Direct	Common Stock	143.87	—	—	3.50K	3.50K
Total					43.50K	43.50K