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 · 1 exercise

GAUDETTE RENAE M.

Filed: 9/8/2023ACC: 0001415889-23-013094

InsiderGAUDETTE RENAE M.CIK 1761880

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IssuerWINMARK CORPCIK 908315

Officer· Vice President of Franchising

Since Dec 2018

0.00

Net shares

Net seller

$71.8K

Total acquired

Open market trades

0B · 0S

Total transactions

1.08K acquired · 1.08K disposed

Non-Derivative Transactions1

Common Stock

Direct

M · Option Exercise

+1.08K

Price / share

$66.29

Trade value

$71.79K

% of position

9.0%

9/8/2023

11.97K→13.06K

Total

Net shares

+1.08K

Net value

$71.79K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	9/8/2023	M · Option Exercise	+1.08K	$66.29	$71.79K	9.0%	11.97K	13.06K
Total			+1.08K		$71.79K

Derivative Transactions1

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.25K shares

−1.08K

Strike price

66.29

Held after

1.17K

Exercisable

—

9/8/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (right to buy) Direct	Common Stock2.25K shares	9/8/2023	M · Option Exercise	−1.08K	66.29	—	1.17K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)18

Employee Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

2.52K

Shares owned

2.52K

Exercise price

238.60

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

325.99

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

4.48K

Shares owned

4.48K

Exercise price

197.80

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

Shares owned

Exercise price

80.32

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

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

3.50K

Shares owned

3.50K

Exercise price

143.87

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

Shares owned

Exercise price

176.20

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

90.99

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

3.50K

Shares owned

3.50K

Exercise price

261.32

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

—

Total

Underlying

53K

Owned

53K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Options (Right to Buy) Direct	Common Stock	238.60	—	—	2.52K	2.52K
Employee Stock Option (right to buy) Direct	Common Stock	91.93	—	—	2.50K	2.50K
Employee Stock Option (right to buy) Direct	Common Stock	325.99	—	—	2K	2K
Employee Stock Option (right to buy) Direct	Common Stock	156	—	—	3K	3K
Employee Stock Option (right to buy) Direct	Common Stock	197.80	—	—	4.48K	4.48K
Employee Stock Option (right to buy) Direct	Common Stock	125.50	—	—	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	183.87	—	—	3.50K	3.50K
Employee Stock Option (right to buy) Direct	Common Stock	98.25	—	—	2.50K	2.50K
Employee Stock Option (right to buy) Direct	Common Stock	143.87	—	—	3.50K	3.50K
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	176.20	—	—	3K	3K
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	90.99	—	—	2.50K	2.50K
Employee Stock Option (right to buy) Direct	Common Stock	261.32	—	—	3.50K	3.50K
Employee Stock Option (right to buy) Direct	Common Stock	195.82	—	—	3.50K	3.50K
Total					53K	53K