WINMARK CORP — Director's Dealing 2011

Jun 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2011-06-01

Reporting Person: Hovey Merry Beth (VP of Marketing)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-06-01	Employee Stock Option (right to buy)	$37.76	A	1250	Acquired	2021-06-01	Common Stock (1250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	500	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$20.96	2017-12-13	common stock (2300)	2300	Direct
Employee Stock Option (right to buy)	$16.52	2018-08-13	Common Stock (650)	650	Direct
Employee Stock Option (right to buy)	$12.75	2018-12-11	Common Stock (950)	950	Direct
Employee Stock Option (right to buy)	$13.01	2019-06-01	Common Stock (950)	950	Direct
Employee Stock Option (right to buy)	$22.15	2019-12-10	Common Stock (1250)	1250	Direct
Employee Stock Option (right to buy)	$31.19	2020-06-01	Common Stock (1250)	1250	Direct
Employee Stock Option (right to buy)	$32.92	2020-12-14	Common Stock (1250)	1250	Direct

Footnotes

F1: 25% per year for four years