GRASSLE JENELE C exercised options at WINMARK CORP

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

M · 2 exercises

GRASSLE JENELE C

Filed: 5/14/2025ACC: 0001415889-25-012923

InsiderGRASSLE JENELE CCIK 1218668

→

IssuerWINMARK CORPCIK 908315

Director

Since Mar 2026

0.00

Net shares

Net seller

$146.3K

Total acquired

Open market trades

0B · 0S

Total transactions

1.60K acquired · 1.60K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

+800.00

Price / share

$91.93

Trade value

$73.54K

% of position

32.0%

5/12/2025

2.50K→3.30K

Common Stock

Direct

M · Option Exercise

+800.00

Price / share

$90.99

Trade value

$72.79K

% of position

24.2%

5/12/2025

3.30K→4.10K

Total

Net shares

+1.60K

Net value

$146.34K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/12/2025	M · Option Exercise	+800.00	$91.93	$73.54K	32.0%	2.50K	3.30K
Common Stock Direct	5/12/2025	M · Option Exercise	+800.00	$90.99	$72.79K	24.2%	3.30K	4.10K
Total			+1.60K		$146.34K

Derivative Transactions2

Non-Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

800.00 shares

−800.00

Strike price

91.93

Held after

0.00

Exercisable

—

5/12/2025

Non-Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

800.00 shares

−800.00

Strike price

90.99

Held after

0.00

Exercisable

—

5/12/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Non-Employee Stock Option (right to buy) Direct	Common Stock800.00 shares	5/12/2025	M · Option Exercise	−800.00	91.93	—	0.00
Non-Employee Stock Option (right to buy) Direct	Common Stock800.00 shares	5/12/2025	M · Option Exercise	−800.00	90.99	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)18

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

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

122.50

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

300.00

Shares owned

300.00

Exercise price

400.97

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

240.00

Shares owned

240.00

Exercise price

446.68

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

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

300.00

Shares owned

300.00

Exercise price

355.90

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

380.00

Shares owned

380.00

Exercise price

325.99

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

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

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

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

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

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

143.20

Expiration

—

Exercise window

—

Total

Underlying

12.02K

Owned

12.02K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
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	197.80	—	—	880.00	880.00
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	164.84	—	—	750.00	750.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	400.97	—	—	300.00	300.00
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	446.68	—	—	240.00	240.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	195.82	—	—	750.00	750.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	355.90	—	—	300.00	300.00
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	325.99	—	—	380.00	380.00
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	143.87	—	—	750.00	750.00
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	98.25	—	—	800.00	800.00
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	238.60	—	—	620.00	620.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	143.20	—	—	800.00	800.00
Total					12.02K	12.02K