MURPHY STEVEN (President of Franchising) sold 4.50K shares of WINMARK CORP on the open market

Open‑market sale worth $651.6K. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

MURPHY STEVEN

Filed: 7/31/2018ACC: 0001179110-18-010030

InsiderMURPHY STEVENCIK 1273800

→

IssuerWINMARK CORPCIK 908315

Officer· President of Franchising

Since Jul 2018

-4.50K

Net shares

Net seller

$651.6K

Total sold

Open market trades

0B · 3S

Total transactions

5.15K acquired · 9.65K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+1.75K

Price / share

$37.76

Trade value

$65.93K

% of position

New position

7/31/2018

0.00→1.75K

Common Stock

Direct

M · Option Exercise

+2.75K

Price / share

$53.34

Trade value

$146.90K

% of position

157.7%

7/31/2018

1.75K→4.50K

Common Stock

Direct

S · Sale

−100.00

Price / share

$146.88

Trade value

$14.69K

% of position

2.2%

7/31/2018

4.50K→4.40K

Common Stock

Direct

S · Sale

−1.46K

Price / share

$145.22

Trade value

$211.59K

% of position

33.1%

7/31/2018

4.40K→2.94K

Common Stock

Direct

S · Sale

−2.94K

Price / share

$144.51

Trade value

$425.29K

% of position

New position

7/31/2018

2.94K→0.00

Common Stock

Direct

M · Option Exercise

+650.00

Price / share

$51.17

Trade value

$33.26K

% of position

New position

7/31/2018

0.00→650.00

Total

Net shares

+650.00

Net value

-$405.48K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	7/31/2018	M · Option Exercise	+1.75K	$37.76	$65.93K	New position	0.00	1.75K
Common Stock Direct	7/31/2018	M · Option Exercise	+2.75K	$53.34	$146.90K	157.7%	1.75K	4.50K
Common Stock Direct	7/31/2018	S · Sale	−100.00	$146.88	$14.69K	2.2%	4.50K	4.40K
Common Stock Direct	7/31/2018	S · Sale	−1.46K	$145.22	$211.59K	33.1%	4.40K	2.94K
Common Stock Direct	7/31/2018	S · Sale	−2.94K	$144.51	$425.29K	New position	2.94K	0.00
Common Stock Direct	7/31/2018	M · Option Exercise	+650.00	$51.17	$33.26K	New position	0.00	650.00
Total			+650.00		-$405.48K

Derivative Transactions3

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.75K shares

−1.75K

Strike price

37.76

Held after

0.00

Exercisable

—

7/31/2018

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

9.01K shares

−2.75K

Strike price

53.34

Held after

6.26K

Exercisable

—

7/31/2018

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

8.61K shares

−650.00

Strike price

51.17

Held after

7.96K

Exercisable

—

7/31/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (right to buy) Direct	Common Stock1.75K shares	7/31/2018	M · Option Exercise	−1.75K	37.76	—	0.00
Employee Stock Option (right to buy) Direct	Common Stock9.01K shares	7/31/2018	M · Option Exercise	−2.75K	53.34	—	6.26K
Employee Stock Option (right to buy) Direct	Common Stock8.61K shares	7/31/2018	M · Option Exercise	−650.00	51.17	—	7.96K

Non-Derivative Holdings (Post-Transaction)3

Common Stock

Indirect

Shares owned350.00

Common Stock

Indirect

Shares owned350.00

Common Stock

Indirect

Shares owned96.20K

Total

96.90K indirect96.90K

Security Title	Shares Owned	Ownership Type
Common Stock	350.00	Indirect
Common Stock	350.00	Indirect
Common Stock	96.20K	Indirect
Total	96.90K	96.90K indirect

Derivative Holdings (Post-Transaction)12

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

125.50

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

9.25K

Shares owned

9.25K

Exercise price

55.72

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

8.50K

Shares owned

8.50K

Exercise price

80.32

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

134.25

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

122.50

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

9.25K

Shares owned

9.25K

Exercise price

59.77

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

9.25K

Shares owned

9.25K

Exercise price

82.72

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

6.80K

Shares owned

6.80K

Exercise price

91.93

Expiration

—

Exercise window

—

Employee Stock Option

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

98.25

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

8.50K

Shares owned

8.50K

Exercise price

66.29

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

6.80K

Shares owned

6.80K

Exercise price

90.99

Expiration

—

Exercise window

—

Total

Underlying

83.35K

Owned

83.35K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (right to buy) Direct	Common Stock	143.20	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	125.50	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	55.72	—	—	9.25K	9.25K
Employee Stock Option (right to buy) Direct	Common Stock	80.32	—	—	8.50K	8.50K
Employee Stock Option (right to buy) Direct	Common Stock	134.25	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	122.50	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	59.77	—	—	9.25K	9.25K
Employee Stock Option (right to buy) Direct	Common Stock	82.72	—	—	9.25K	9.25K
Employee Stock Option (right to buy) Direct	Common Stock	91.93	—	—	6.80K	6.80K
Employee Stock Option Direct	Common Stock	98.25	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	66.29	—	—	8.50K	8.50K
Employee Stock Option (right to buy) Direct	Common Stock	90.99	—	—	6.80K	6.80K
Total					83.35K	83.35K