SEC Form 4 · accession 0001179110-16-028349

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

Aug 3, 2016

Accepted (ET)

Aug 5, 2016 · 4:40 pm EDT

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	Aug 3, 2016	S	282	$99.00	D	3,072	D
Common Stock	Aug 4, 2016	S	2	$99.00	D	3,070	D
Common Stock	Aug 5, 2016	S	20	$98.90	D	3,050	D
Common Stock	holding	—	—		—	48,988	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
Employee Stock Option (right to buy)^F1	$20.96	holding	—	—	—	Dec 13, 2008	Dec 13, 2017	Common Stock	17,686	17,686	D
Employee Stock Option (right to buy)^F1	$16.52	holding	—	—	—	Aug 13, 2009	Aug 13, 2018	Common Stock	8,437	8,437	D
Employee Stock Option (right to buy)^F1	$12.75	holding	—	—	—	Dec 11, 2009	Dec 11, 2018	Common Stock	5,786	5,786	D
Employee Stock Option (right to buy)^F1	$13.01	holding	—	—	—	Jun 1, 2010	Jun 1, 2019	Common Stock	7,306	7,306	D
Employee Stock Option (right to buy)^F1	$22.15	holding	—	—	—	Dec 10, 2010	Dec 10, 2019	Common Stock	7,500	7,500	D
Employee Stock Option (right to buy)^F1	$31.19	holding	—	—	—	Jun 1, 2011	Jun 1, 2020	Common Stock	7,113	7,113	D
Employee Stock Option (right to buy)^F1	$32.92	holding	—	—	—	Dec 14, 2011	Dec 14, 2020	Common Stock	9,250	8,581	D
Employee Stock Option (right to buy)^F1	$37.76	holding	—	—	—	Jun 1, 2012	Jun 1, 2021	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F1	$53.34	holding	—	—	—	Dec 8, 2012	Dec 8, 2021	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F1	$51.17	holding	—	—	—	Jun 1, 2013	Jun 1, 2022	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F1	$55.72	holding	—	—	—	Dec 13, 2013	Dec 13, 2022	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F1	$59.77	holding	—	—	—	Jun 1, 2014	Jun 1, 2023	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F1	$82.72	holding	—	—	—	Dec 16, 2014	Dec 16, 2023	Common Stock	9,250	9,250	D
Employee Stock Option (right to buy)^F1	$66.29	holding	—	—	—	Jun 1, 2015	Jun 1, 2024	Common Stock	8,500	8,500	D
Employee Stock Option (right to buy)^F1	$80.32	holding	—	—	—	Dec 15, 2015	Dec 15, 2024	Common Stock	8,500	8,500	D
Employee Stock Option (right to buy)^F1	$91.93	holding	—	—	—	Jun 1, 2016	Jun 1, 2025	Common Stock	6,800	6,800	D
Employee Stock Option (right to buy)^F1	$90.99	holding	—	—	—	Dec 14, 2016	Dec 14, 2025	Common Stock	6,800	6,800	D
Employee Stock Option (right to buy)^F1	$98.25	holding	—	—	—	Jun 1, 2017	Jun 1, 2026	Common Stock	5,000	5,000	D

Explanation of responses

F125% per year for 4 years