SEC Form 4 · accession 0001603715-17-000003
WINMARK CORP · WINA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Nine Ten Partners LP
10% Owner
Nine Ten Capital Management LLC
10% Owner
James Shel Bradshaw
10% Owner
Russell Chad Mollen
10% Owner
Brian Timothy Bares
10% Owner
Period of report
Jan 20, 2017
Accepted (ET)
Jan 24, 2017 · 10:46 am 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, no par valueF1,F2 | Jan 20, 2017 | S | 742 | $115.00 | D | 432,900 | I | by Nine Ten Partners LP |
| Common Stock, no par valueF1,F2 | Jan 23, 2017 | S | 1,100 | $115.00 | D | 431,800 | I | by Nine Ten Partners LP |
| Common Stock, no par valueF3 | holding | — | — | — | 2,512 | D | ||
| Common Stock, no par valueF4 | holding | — | — | — | 208 | D | ||
| Common Stock, no par valueF5 | holding | — | — | — | 100 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Form 3 is filed jointly by Nine Ten Partners LP ("NT Fund"), Nine Ten Capital Management LLC ("NTCM"), Brian Bares, James Bradshaw and Russell Mollen (collectively, the "Reporting Persons"). Each Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively owns more than 10% of the Issuer's outstanding shares of Common Stock. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his or her pecuniary interest therein.
- F2Shares of Common Stock are owned directly by NT Fund. NTCM is the investment manager of NT Fund and may be deemed to have beneficial ownership over the shares of Common Stock owned directly by NT Fund by virtue of the sole and exclusive authority granted to NTCM by NT Fund to vote and dispose of the shares of Common Stock owned directly by NT Fund. As the Managing Members of NTCM, each of Messrs. Bares, Bradshaw and Mollen may be deemed to beneficially own the shares of Common Stock owned directly by NT Fund.
- F3These shares of Common Stock are owned directly by Mr. Bares.
- F4These shares of Common Stock are owned directly by Mr. Bradshaw.
- F5These shares of Common Stock are owned directly by Mr. Mollen.