SEC Form 4 · accession 0001179110-16-033518

WINMARK CORP · WINA

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

Reporting owner

Kirk A Mackenzie

Director

Period of report

Dec 27, 2016

Accepted (ET)

Dec 28, 2016 · 5:03 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^F2	Dec 27, 2016	S	2,357	$126.86	D	82,811	I	Kirk A MacKenzie Revocable Trust
Common Stock^F3	Dec 27, 2016	S	1,264	$125.18	D	81,547	I	Kirk A MacKenzie Revocable Trust
Common Stock^F4	Dec 27, 2016	S	206	$124.60	D	81,341	I	Kirk A MacKenzie Revocable Trust
Common Stock^F5	Dec 28, 2016	S	1,173	$124.13	D	80,168	I	Kirk A MacKenzie Revocable Trust

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Employee Director Stock Option (right to buy)^F1	$12.75	holding	—	—	—	Dec 11, 2009	Dec 11, 2018	Common Stock	2,000	2,000	D
Non-Employee Directors Stock Option (right to buy)^F1	$13.01	holding	—	—	—	Jun 1, 2010	Jun 1, 2019	Common Stock	1,000	1,000	D
Nonemployee Director Stock Option (right to buy)^F1	$22.15	holding	—	—	—	Dec 10, 2010	Dec 10, 2019	Common Stock	1,000	1,000	D
Non-Employee Director Stock Option (right to buy)^F1	$31.19	holding	—	—	—	Jun 1, 2011	Jun 1, 2020	Common Stock	1,000	1,000	D
Non-Employee Director Stock Option (right to buy)^F1	$32.92	holding	—	—	—	Dec 14, 2011	Dec 14, 2020	Common Stock	1,000	1,000	D
Non-Employee Director Stock Option (right to buy)^F1	$37.76	holding	—	—	—	Jun 1, 2012	Jun 1, 2021	Common Stock	1,000	1,000	D
Nonemployee Director Stock Option (right to buy)^F1	$53.34	holding	—	—	—	Dec 8, 2012	Dec 8, 2021	Common Stock	1,000	1,000	D
Non-Employee Director Stock Option (right to buy)^F1	$51.17	holding	—	—	—	Jun 1, 2013	Jun 1, 2022	Common Stock	1,000	1,000	D
Non-Employee Director Stock Option (right to buy)^F1	$55.72	holding	—	—	—	Dec 13, 2013	Dec 13, 2022	Common Stock	1,000	1,000	D
Non-Employee Stock Option (right to buy)^F1	$59.77	holding	—	—	—	Jun 1, 2014	Jun 1, 2023	Common Stock	1,000	1,000	D
Non-Employee Director Stock Option (right to buy)^F1	$82.72	holding	—	—	—	Dec 16, 2014	Dec 16, 2023	Common Stock	1,000	1,000	D
Non-Employee Director Stock Option (right to buy)^F1	$66.29	holding	—	—	—	Jun 1, 2015	Jun 1, 2024	Common Stock	1,000	1,000	D
Non-Employee Director Stock Option (right to buy)^F1	$80.32	holding	—	—	—	Dec 15, 2015	Dec 15, 2024	Common Stock	1,000	1,000	D
Non-Employee Director Stock Option (right to buy)^F1	$91.93	holding	—	—	—	Jun 1, 2016	Jun 1, 2025	Common Stock	800	800	D
Non-Employee Director Stock Option (right to buy)^F1	$90.99	holding	—	—	—	Dec 14, 2016	Dec 14, 2025	Common Stock	800	800	D
Non-Employee Director Stock Option (right to buy)^F1	$98.25	holding	—	—	—	Jun 1, 2017	Jun 1, 2026	Common Stock	800	800	D
Non-Employee Director Stock Option (right to buy)^F1	$125.50	holding	—	—	—	Dec 12, 2017	Dec 12, 2026	Common Stock	800	800	D

Explanation of responses

F125% per year for four years.
F22,357 shares sold at an average price of $126.86, with a range of $126.00 to $127.00.
F31,264 shares sold at an average price of $125.18, with a range of $124.95 to $125.80.
F4206 shares sold at an average price of $124.60, with a range of $124.50 to $124.70.
F51,173 shares sold at an average price of $124.13, with a range of $124.00 to $124.50.