REYELTS PAUL C sold 2.90K shares of WINMARK CORP on the open market

Open‑market sale worth $522.0K. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

REYELTS PAUL C

Filed: 3/5/2021ACC: 0001179110-21-002942

InsiderREYELTS PAUL CCIK 1242955

→

IssuerWINMARK CORPCIK 908315

Director

Since Dec 2018

-2.90K

Net shares

Net seller

$522.0K

Total sold

Open market trades

0B · 1S

Total transactions

2.90K acquired · 5.80K disposed

Non-Derivative Transactions6

Common Stock

Direct

M · Option Exercise

+250.00

Price / share

$66.29

Trade value

$16.57K

% of position

New position

3/5/2021

0.00→250.00

Common Stock

Direct

M · Option Exercise

+250.00

Price / share

$80.32

Trade value

$20.08K

% of position

100.0%

3/5/2021

250.00→500.00

Common Stock

Direct

M · Option Exercise

+800.00

Price / share

$91.93

Trade value

$73.54K

% of position

160.0%

3/5/2021

500.00→1.30K

Common Stock

Direct

M · Option Exercise

+800.00

Price / share

$90.99

Trade value

$72.79K

% of position

61.5%

3/5/2021

1.30K→2.10K

Common Stock

Direct

M · Option Exercise

+800.00

Price / share

$98.25

Trade value

$78.60K

% of position

38.1%

3/5/2021

2.10K→2.90K

Common Stock

Direct

S · Sale

−2.90K

Price / share

$180.00

Trade value

$522K

% of position

New position

3/5/2021

2.90K→0.00

Total

Net shares

+0.00

Net value

-$260.41K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	3/5/2021	M · Option Exercise	+250.00	$66.29	$16.57K	New position	0.00	250.00
Common Stock Direct	3/5/2021	M · Option Exercise	+250.00	$80.32	$20.08K	100.0%	250.00	500.00
Common Stock Direct	3/5/2021	M · Option Exercise	+800.00	$91.93	$73.54K	160.0%	500.00	1.30K
Common Stock Direct	3/5/2021	M · Option Exercise	+800.00	$90.99	$72.79K	61.5%	1.30K	2.10K
Common Stock Direct	3/5/2021	M · Option Exercise	+800.00	$98.25	$78.60K	38.1%	2.10K	2.90K
Common Stock Direct	3/5/2021	S · Sale	−2.90K	$180.00	$522K	New position	2.90K	0.00
Total			+0.00		-$260.41K

Derivative Transactions5

Non-Employee Director Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

250.00 shares

−250.00

Strike price

66.29

Held after

0.00

Exercisable

—

3/5/2021

Non-Employee Director Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

250.00 shares

−250.00

Strike price

80.32

Held after

0.00

Exercisable

—

3/5/2021

Non-Employee Director Stock Option

Direct

M · Option Exercise

Converts to

Common Stock

800.00 shares

−800.00

Strike price

91.93

Held after

0.00

Exercisable

—

3/5/2021

Non-Employee Director 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

—

3/5/2021

Non-Employee Director Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

800.00 shares

−800.00

Strike price

98.25

Held after

0.00

Exercisable

—

3/5/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Non-Employee Director Stock Option (right to buy) Direct	Common Stock250.00 shares	3/5/2021	M · Option Exercise	−250.00	66.29	—
Non-Employee Director Stock Option (right to buy) Direct	Common Stock250.00 shares	3/5/2021	M · Option Exercise	−250.00	80.32	—
Non-Employee Director Stock Option Direct	Common Stock800.00 shares	3/5/2021	M · Option Exercise	−800.00	91.93	—
Non-Employee Director Stock Option (right to buy) Direct	Common Stock800.00 shares	3/5/2021	M · Option Exercise	−800.00	90.99	—
Non-Employee Director Stock Option (right to buy) Direct	Common Stock800.00 shares	3/5/2021	M · Option Exercise	−800.00	98.25	—

Non-Derivative Holdings (Post-Transaction)2

Common Stock

Indirect

Shares owned7.99K

Common Stock

Indirect

Shares owned1.35K

Total

9.34K indirect9.34K

Security Title	Shares Owned	Ownership Type
Common Stock	7.99K	Indirect
Common Stock	1.35K	Indirect
Total	9.34K	9.34K indirect

Derivative Holdings (Post-Transaction)9

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

156.00

Expiration

—

Exercise window

—

Non-Employee Director 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 Director 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 Director 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 Director 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 Director (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 Director 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 Director 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 Director 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

Owned

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	156.00	—	—	800.00	800.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	134.25	—	—	800.00	800.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	183.87	—	—	750.00	750.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	122.50	—	—	800.00	800.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	143.87	—	—	750.00	750.00
Non-Employee Director (right to buy) Direct	Common Stock	176.20	—	—	750.00	750.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	164.84	—	—	750.00	750.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	125.50	—	—	800.00	800.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	143.20	—	—	800.00	800.00
Total					7K	7K