SEC Form 4 · accession 0001179110-15-000639

WINMARK CORP · WINA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Steven C Zola

Officer — President, Winmark Capital · Director

Period of report

Jan 6, 2015

Accepted (ET)

Jan 7, 2015 · 5:11 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000908315

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Jan 6, 2015	M	1,000	$25.99	A	3,003	D
Common Stock	Jan 6, 2015	M	669	$32.92	A	3,672	D
Common Stock	Dec 30, 2014	G	60	$0.00	D	43,992	I	By Zola Living Trust
Common Stock	Jan 6, 2015	F	318	$81.59	D	43,674	I	By Zola Living Trust
Common Stock	Jan 6, 2015	F	269	$81.59	D	43,405	I	By Zola Living Trust
Common Stock	holding	—	—		—	500	I	Child 1
Common Stock	holding	—	—		—	500	I	Child 2
Common Stock	holding	—	—		—	500	I	Child 3

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Qualified Stock Option (right to buy)^F1	$25.99	Jan 6, 2015	M	1,000	D	Jan 13, 2006	Jan 13, 2015	Common Stock	1,000	0	D
Employee Stock Option (right to buy)^F2	$32.92	Jan 6, 2015	M	669	D	Dec 14, 2011	Dec 14, 2020	Common Stock	9,250	8,581	D
Employee Stock Option (right to buy)^F2	$20.46	holding	—	—	—	Dec 13, 2006	Dec 13, 2015	Common Stock	452	452	D
Employee Stock Option (right to buy)^F2	$20.32	holding	—	—	—	Dec 14, 2007	Dec 14, 2016	Common Stock	14,625	14,625	D
Employee Stock Option (right to buy)^F2	$20.96	holding	—	—	—	Dec 13, 2008	Dec 13, 2017	Common Stock	17,686	17,686	D
Employee Stock Option (right to buy)^F2	$16.52	holding	—	—	—	Aug 13, 2009	Aug 13, 2018	Common Stock	8,437	8,437	D
Employee Stock Option (right to buy)^F2	$12.75	holding	—	—	—	Dec 11, 2009	Dec 11, 2018	Common Stock	5,786	5,786	D
Employee Stock Option (right to buy)^F2	$13.01	holding	—	—	—	Jun 1, 2010	Jun 1, 2019	Common Stock	7,306	7,306	D
Employee Stock Option (right to buy)^F2	$22.15	holding	—	—	—	Dec 10, 2010	Dec 10, 2019	Common Stock	7,500	7,500	D
Employee Stock Option (right to buy)^F2	$31.19	holding	—	—	—	Jun 1, 2011	Jun 1, 2020	Common Stock	7,113	7,113	D
Employee Stock Option (right to buy)^F2	$37.76	holding	—	—	—	Jun 1, 2012	Jun 1, 2021	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F2	$53.34	holding	—	—	—	Dec 8, 2012	Dec 8, 2021	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F2	$51.17	holding	—	—	—	Jun 1, 2013	Jun 1, 2022	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F2	$55.72	holding	—	—	—	Dec 13, 2013	Dec 13, 2022	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F2	$59.77	holding	—	—	—	Jun 1, 2014	Jun 1, 2023	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F2	$82.72	holding	—	—	—	Dec 16, 2014	Dec 16, 2023	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F2	$66.29	holding	—	—	—	Jun 1, 2015	Jun 1, 2024	Common Stock	8,500	8,500	D
Employee Stock Option (right to buy)^F2	$80.32	holding	—	—	—	Dec 15, 2015	Dec 15, 2024	Common Stock	8,500	8,500	D

Explanation of responses

F120% per year for 5 years
F225% per year for 4 years
F3318 shares and 269 shares delivered in payment of exercise price of options included on this Form 4, valued at the closing price of the shares on 1/6/15 of $81.59