SEC Form 4 · accession 0001179110-16-031142

WINMARK CORP · WINA

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

Reporting owner

Officer — CEO · Director

Period of report

Nov 1, 2016

Accepted (ET)

Nov 3, 2016 · 4:21 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	Nov 1, 2016	M	2,588	$31.19	A	114,788	D
Commons Stock	Nov 1, 2016	M	6,713	$32.92	A	121,501	D
Common Stock^F2	Nov 1, 2016	S	5,981	$106.14	D	115,520	D
Common Stock^F3	Nov 1, 2016	S	920	$106.00	D	114,600	D
Common Stock	Nov 2, 2016	M	2,061	$32.92	A	116,661	D
Common Stock^F4	Nov 2, 2016	S	17	$106.25	D	116,644	D
Common Stock^F5	Nov 2, 2016	S	1,344	$105.00	D	115,300	D
Common Stock	Nov 3, 2016	M	476	$32.92	A	115,776	D
Common Stock^F6	Nov 3, 2016	S	251	$105.00	D	115,525	D
Common Stock^F7	Nov 3, 2016	S	225	$104.76	D	115,300	D
Common Stock	holding	—	—		—	1,300	I	By Son

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	$31.19	Nov 1, 2016	M	2,588	D	Jun 1, 2011	Jun 1, 2020	Common Stock	2,588	0	D
Employee Stock Option (right to buy)^F8,F1	$32.92	Nov 1, 2016	M	9,250	D	Dec 14, 2011	Dec 14, 2020	Common Stock	9,250	0	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	CommonStock	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

F125% per year for four years.
F25,981 shares sold at an average price of $106.14, with a range of $106.05 to $107.05, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F3920 shares sold at a price of $106.00 to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F417 shares sold at a price of $106.25 to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F51,344 shares sold at a price of $105.00 to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F6251 shares sold at an average price of $105.00, with a range of $105.00 to $106.00, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F7225 shares sold at an average price of $104.76, with a range of $104.75 to $104.85, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F86,713 option shares exercised 11/1/2016, 2,061 option shares exercised 11/2/2016 and 476 option shares exercised 11/3/2016 as indicated in Table 1.