WINA.NASDAQWinmark CORP
Form 4: Winmark Corp COO Exercises Stock Options and Sells Shares
Sentiment:
SEC Form 4
Renae M. Gaudette, COO of Winmark Corp, exercised stock options and sold shares to cover the exercise price and taxes.
Summary
- On October 24, 2024, Renae M. Gaudette, the Chief Operating Officer of Winmark Corp, exercised employee stock options to acquire 3,000 shares of common stock at a price of $80.32.
- Following the exercise, Ms. Gaudette sold 1,500 shares of common stock on October 25, 2024, at a price of $380.11 per share.
- The sale was conducted to cover a portion of the payment of the exercise price and taxes due on the option exercises.
- After these transactions, Ms. Gaudette beneficially owns 15,060 shares of Winmark Corp common stock directly.
- Ms. Gaudette also holds various employee stock options with different exercise prices and expiration dates, entitling her to purchase additional shares of common stock.
Sentiment
Score: 5
Explanation: This is a routine filing; the sentiment is neutral as it simply reflects the execution of stock options and subsequent sale of shares to cover costs.
Industry Context
This is a standard Form 4 filing, which is a public document required by the SEC when an insider of a company (like the COO in this case) buys or sells the company's stock. It provides transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 12/15/2015 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $80.32 are exercisable |
| 06/01/2016 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $91.93 are exercisable |
| 12/14/2016 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $90.99 are exercisable |
| 06/01/2017 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $98.25 are exercisable |
| 12/12/2017 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $125.5 are exercisable |
| 06/01/2018 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $122.5 are exercisable |
| 12/11/2018 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $134.25 are exercisable |
| 06/01/2019 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $143.2 are exercisable |
| 12/11/2019 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $156 are exercisable |
| 06/01/2020 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $164.84 are exercisable |
| 12/16/2020 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $176.2 are exercisable |
| 06/01/2021 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $143.87 are exercisable |
| 12/14/2021 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $183.87 are exercisable |
| 06/01/2022 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $195.82 are exercisable |
| 12/13/2022 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $261.32 are exercisable |
| 06/01/2023 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $197.8 are exercisable |
| 12/12/2023 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $238.6 are exercisable |
| 06/01/2024 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $325.99 are exercisable |
| 10/24/2024 | COO exercised stock options at $80.32. |
| 10/25/2024 | COO sold shares at $380.11. |
| 06/01/2025 | Date from which 25% per year for four years of Employee Stock Options (Right to Buy) at $355.9 are exercisable |
| 06/01/2025 | Expiration date of Employee Stock Option (right to buy) at $91.93 |
| 12/14/2025 | Expiration date of Employee Stock Option (right to buy) at $90.99 |
| 06/01/2026 | Expiration date of Employee Stock Option (right to buy) at $98.25 |
| 12/12/2026 | Expiration date of Employee Stock Option (right to buy) at $125.5 |
| 06/01/2027 | Expiration date of Employee Stock Option (right to buy) at $122.5 |
| 12/11/2027 | Expiration date of Employee Stock Option (right to buy) at $134.25 |
| 06/01/2028 | Expiration date of Employee Stock Option (right to buy) at $143.2 |
| 12/11/2028 | Expiration date of Employee Stock Option (right to buy) at $156 |
| 06/01/2029 | Expiration date of Employee Stock Option (right to buy) at $164.84 |
| 12/16/2029 | Expiration date of Employee Stock Option (right to buy) at $176.2 |
| 06/01/2030 | Expiration date of Employee Stock Option (right to buy) at $143.87 |
| 12/14/2030 | Expiration date of Employee Stock Option (right to buy) at $183.87 |
| 06/01/2031 | Expiration date of Employee Stock Option (right to buy) at $195.82 |
| 12/13/2031 | Expiration date of Employee Stock Option (right to buy) at $261.32 |
| 06/01/2032 | Expiration date of Employee Stock Option (right to buy) at $197.8 |
| 12/12/2032 | Expiration date of Employee Stock Option (Right to Buy) at $238.6 |
| 06/01/2033 | Expiration date of Employee Stock Option (right to buy) at $325.99 |
| 06/01/2034 | Expiration date of Employee Stock Option (right to buy) at $355.9 |
| 10/28/2024 | Date of signature on the Form 4 filing. |
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