GRASSLE JENELE C exercised options at WINMARK CORP

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

M · 3 exercises

GRASSLE JENELE C

Filed: 5/4/2023ACC: 0001415889-23-007318

InsiderGRASSLE JENELE CCIK 1218668

→

IssuerWINMARK CORPCIK 908315

Director

Since Mar 2026

0.00

Net shares

Net seller

$229.3K

Total acquired

Open market trades

0B · 0S

Total transactions

3K acquired · 3K disposed

Non-Derivative Transactions3

Common Stock

Direct

M · Option Exercise

+1K

Price / share

$82.72

Trade value

$82.72K

% of position

40.0%

5/2/2023

2.50K→3.50K

Common Stock

Direct

M · Option Exercise

+1K

Price / share

$66.29

Trade value

$66.29K

% of position

28.6%

5/2/2023

3.50K→4.50K

Common Stock

Direct

M · Option Exercise

+1K

Price / share

$80.32

Trade value

$80.32K

% of position

22.2%

5/2/2023

4.50K→5.50K

Total

Net shares

+3K

Net value

$229.33K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/2/2023	M · Option Exercise	+1K	$82.72	$82.72K	40.0%	2.50K	3.50K
Common Stock Direct	5/2/2023	M · Option Exercise	+1K	$66.29	$66.29K	28.6%	3.50K	4.50K
Common Stock Direct	5/2/2023	M · Option Exercise	+1K	$80.32	$80.32K	22.2%	4.50K	5.50K
Total			+3K		$229.33K

Derivative Transactions3

Non-Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1K shares

−1K

Strike price

82.72

Held after

0.00

Exercisable

—

5/2/2023

Non-Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1K shares

−1K

Strike price

66.29

Held after

0.00

Exercisable

—

5/2/2023

Non-Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1K shares

−1K

Strike price

80.32

Held after

0.00

Exercisable

—

5/2/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Non-Employee Stock Option (right to buy) Direct	Common Stock1K shares	5/2/2023	M · Option Exercise	−1K	82.72	—
Non-Employee Stock Option (right to buy) Direct	Common Stock1K shares	5/2/2023	M · Option Exercise	−1K	66.29	—
Non-Employee Stock Option (right to buy) Direct	Common Stock1K shares	5/2/2023	M · Option Exercise	−1K	80.32	—

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)16

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

750.00

Shares owned

750.00

Exercise price

183.87

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

91.93

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

750.00

Shares owned

750.00

Exercise price

261.32

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

750.00

Shares owned

750.00

Exercise price

164.84

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

750.00

Shares owned

750.00

Exercise price

143.87

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

134.25

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

98.25

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

122.50

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

620.00

Shares owned

620.00

Exercise price

238.60

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

125.50

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

90.99

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

880.00

Shares owned

880.00

Exercise price

197.80

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

156

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

750.00

Shares owned

750.00

Exercise price

176.20

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

143.20

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

750.00

Shares owned

750.00

Exercise price

195.82

Expiration

—

Exercise window

—

Total

Underlying

12.40K

Owned

12.40K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Non-Employee Stock Option (right to buy) Direct	Common Stock	183.87	—	—	750.00	750.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	91.93	—	—	800.00	800.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	261.32	—	—	750.00	750.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	164.84	—	—	750.00	750.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	143.87	—	—	750.00	750.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	134.25	—	—	800.00	800.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	98.25	—	—	800.00	800.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	122.50	—	—	800.00	800.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	238.60	—	—	620.00	620.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	125.50	—	—	800.00	800.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	90.99	—	—	800.00	800.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	197.80	—	—	880.00	880.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	156	—	—	800.00	800.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	176.20	—	—	750.00	750.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	143.20	—	—	800.00	800.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	195.82	—	—	750.00	750.00
Total					12.40K	12.40K