MURPHY STEVEN (President of Franchising) sold 4.55K shares of WINMARK CORP on the open market

Open‑market sale worth $695.0K. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

MURPHY STEVEN

Filed: 10/30/2018ACC: 0001179110-18-012388

InsiderMURPHY STEVENCIK 1273800

→

IssuerWINMARK CORPCIK 908315

Officer· President of Franchising

Since Jul 2018

-4.55K

Net shares

Net seller

$695.0K

Total sold

Open market trades

0B · 3S

Total transactions

5.21K acquired · 9.77K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+4.55K

Price / share

$53.34

Trade value

$242.96K

% of position

New position

10/30/2018

0.00→4.55K

Common Stock

Direct

S · Sale

−1.50K

Price / share

$153.50

Trade value

$230.25K

% of position

32.9%

10/30/2018

4.55K→3.06K

Common Stock

Direct

S · Sale

−3.05K

Price / share

$152.12

Trade value

$464.42K

% of position

99.9%

10/30/2018

3.06K→2.00

Common Stock

Direct

S · Sale

−2.00

Price / share

$150.00

Trade value

$300.00

% of position

New position

10/30/2018

2.00→0.00

Common Stock

Direct

M · Option Exercise

+660.00

Price / share

$51.17

Trade value

$33.77K

% of position

New position

10/30/2018

0.00→660.00

Total

Net shares

+660.00

Net value

-$418.24K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	10/30/2018	M · Option Exercise	+4.55K	$53.34	$242.96K	New position	0.00	4.55K
Common Stock Direct	10/30/2018	S · Sale	−1.50K	$153.50	$230.25K	32.9%	4.55K	3.06K
Common Stock Direct	10/30/2018	S · Sale	−3.05K	$152.12	$464.42K	99.9%	3.06K	2.00
Common Stock Direct	10/30/2018	S · Sale	−2.00	$150.00	$300.00	New position	2.00	0.00
Common Stock Direct	10/30/2018	M · Option Exercise	+660.00	$51.17	$33.77K	New position	0.00	660.00
Total			+660.00		-$418.24K

Derivative Transactions2

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

4.55K shares

−4.55K

Strike price

53.34

Held after

1.70K

Exercisable

—

10/30/2018

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

660.00 shares

−660.00

Strike price

51.17

Held after

7.30K

Exercisable

—

10/30/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (right to buy) Direct	Common Stock4.55K shares	10/30/2018	M · Option Exercise	−4.55K	53.34	—	1.70K
Employee Stock Option (right to buy) Direct	Common Stock660.00 shares	10/30/2018	M · Option Exercise	−660.00	51.17	—	7.30K

Non-Derivative Holdings (Post-Transaction)2

Common Stock

Indirect

Shares owned96.85K

Common Stock

Indirect

Shares owned350.00

Total

97.20K indirect97.20K

Security Title	Shares Owned	Ownership Type
Common Stock	96.85K	Indirect
Common Stock	350.00	Indirect
Total	97.20K	97.20K indirect

Derivative Holdings (Post-Transaction)12

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

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

6.80K

Shares owned

6.80K

Exercise price

91.93

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

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

—

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

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

Shares owned

Exercise price

134.25

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

Shares owned

Exercise price

122.50

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

—

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	125.50	—	—	5K	5K
Employee Stock Option Direct	Common Stock	98.25	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	91.93	—	—	6.80K	6.80K
Employee Stock Option (right to buy) Direct	Common Stock	82.72	—	—	9.25K	9.25K
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
Employee Stock Option (right to buy) Direct	Common Stock	143.20	—	—	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	134.25	—	—	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	122.50	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	80.32	—	—	8.50K	8.50K
Total					83.35K	83.35K