X0202 4 2006-06-27 0 0000838875 WILLAMETTE VALLEY VINEYARDS INC WVVI 0001299545 Ellis James L 7850 SE KING ROAD MILWAUKIE OR 97222 1 1 0 0 VICE-PRESIDENT COMMON STOCK 2006-06-27 4 X 0 25000 1.75 A 30300 D COMMON STOCK 2006-06-27 4 X 0 1500 1.5 A 31800 D COMMON STOCK 2006-06-27 4 X 0 4000 1.5625 A 35800 D COMMON STOCK 2006-06-27 4 S 0 9999 9.05 D 25801 D COMMON STOCK 2006-06-27 4 S 0 8299 9.01 D 17502 D COMMON STOCK 2006-06-27 4 S 0 5002 9.5008 D 12500 D COMMON STOCK 2006-06-27 4 S 0 5000 9.2522 D 7500 D COMMON STOCK 2006-06-27 4 S 0 1700 9.01 D 5800 D COMMON STOCK 2006-06-27 4 S 0 500 9.47 D 5300 D OPTION 1.75 2006-06-27 4 X 0 25000 1.75 D 1998-03-05 2008-03-05 COMMON STOCK 25000 81500 D OPTION 1.5 2006-06-27 4 X 0 1500 1.5 D 1998-01-13 2008-01-13 COMMON STOCK 1500 80000 D OPTION 1.5625 2006-06-27 4 X 0 4000 1.5625 D 2000-08-02 2010-08-02 COMMON STOCK 4000 76000 D JAMES L. ELLIS 2006-06-30