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WINMARK CORP Director's Dealing 2013

May 31, 2013

31850_dirs_2013-05-31_98d1c2e7-ab8c-4585-af52-709a8383f9d7.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2013-05-29

Reporting Person: Zola Steven C (Director, President, Winmark Capital)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-29 Common Stock S 477 $61.03 Disposed 44283 Indirect
2013-05-30 Common Stock S 100 $61.05 Disposed 44183 Indirect
2013-05-31 Common Stock S 3376 $60.43 Disposed 40807 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 2003 Direct
Common Stock 500 Indirect
Common Stock 500 Indirect
Common Stock 500 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Non-Qualified Stock Option (right to buy) $25.99 2015-01-13 Common Stock (1000) 1000 Direct
Employee Stock Option (right to buy) $20.46 2015-12-13 Common Stock (452) 452 Direct
Employee Stock Option (right to buy) $20.32 2016-12-14 Common Stock (14625) 14625 Direct
Employee Stock Option (right to buy) $20.96 2017-12-13 Common Stock (17686) 17686 Direct
Employee Stock Option (right to buy) $16.52 2018-08-13 Common Stock (8437) 8437 Direct
Employee Stock Option (right to buy) $12.75 2018-12-11 Common Stock (5786) 5786 Direct
Employee Stock Option (right to buy) $13.01 2019-06-01 Common Stock (9806) 9806 Direct
Employee Stock Option (right to buy) $22.15 2019-12-10 Common Stock (10000) 10000 Direct
Employee Stock Option (right to buy) $31.19 2020-06-01 Common Stock (10000) 10000 Direct
Employee Stock Option (right to buy) $32.92 2020-12-14 Common Stock (9250) 9250 Direct
Employee Stock Option (right to buy) $37.76 2021-06-01 Common Stock (9250) 9250 Direct
Employee Stock Option (right to buy) $53.34 2021-12-08 Common Stock (9250) 9250 Direct
Employee Stock Option (right to buy) $51.17 2022-06-01 Common Stock (9250) 9250 Direct
Employee Stock Option (right to buy) $55.72 2022-12-13 Common Stock (9250) 9250 Direct

Footnotes

F1: 20% per year for 5 years

F2: 25% per year for 4 years

F3: 3,376 shares sold at an average of $60.43, with a range of $60.25 to $60.99