SEC Form 4 · accession 0001179110-18-005952

WINMARK CORP · WINA

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

Reporting owner

Steven Murphy

Officer — President of Franchising

Period of report

Apr 26, 2018

Accepted (ET)

Apr 30, 2018 · 5:08 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	Apr 26, 2018	M	1,375	$37.76	A	1,375	D
Common Stock^F2	Apr 26, 2018	S	100	$135.10	D	1,275	D
Common Stock^F3	Apr 26, 2018	S	1,275	$133.52	D	0	D
Common Stock	Apr 30, 2018	M	10	$37.76	A	10	D
Common Stock^F4	Apr 30, 2018	S	10	$132.35	D	0	D
Common Stock	Apr 30, 2018	M	250	$51.17	A	250	D
Common Stock	holding	—	—		—	95,952	I	By Trust
Common Stock	holding	—	—		—	350	I	By Son 2
Common Stock	holding	—	—		—	350	I	By Son 1

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)^F5,F1	$37.76	Apr 26, 2018	M	1,385	D	Jun 1, 2012	Jun 1, 2021	Common Stock	1,385	1,746	D
Employee Stock Option (right to buy)^F1	$51.17	Apr 30, 2018	M	250	D	Jun 1, 2013	Jun 1, 2022	Common Stock	250	8,606	D
Employee Stock Option (right to buy)^F1	$53.34	holding	—	—	—	Dec 8, 2012	Dec 8, 2021	Common Stock	9,013	9,013	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^F1	$98.25	holding	—	—	—	Jun 1, 2017	Jun 1, 2026	Common Stock	5,000	5,000	D
Employee Stock Option (right to buy)^F1	$125.50	holding	—	—	—	Dec 12, 2017	Dec 12, 2026	Common Stock	5,000	5,000	D
Employee Stock Option (right to buy)^F1	$122.50	holding	—	—	—	Jun 1, 2018	Jun 1, 2027	Common Stock	5,000	5,000	D
Employee Stock Option (right to buy)^F1	$134.25	holding	—	—	—	Dec 11, 2018	Dec 11, 2027	Common Stock	5,000	5,000	D

Explanation of responses

F125% per year for 4 years
F2100 shares sold at an average price of $135.10 to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F31,275 shares sold at an average price of $133.52, with a range of $133.35 to $134.20, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F410 shares sold at a price of $132.35 to cover payment of exercise price of and taxes due on option exercises included on this Form 4.
F51,375 option shares exercised 4/26/2018 and 10 option shares exercised 4/30/2018 as indicated in Table 1.