WINMARK CORP — Director's Dealing 2013

May 13, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2013-05-12

Reporting Person: Ishaug Anthony D (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-12	Common Stock	M	1000	$18.40	Acquired	5000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-12	Employee Stock Option (right to buy)	$18.40	M	1000	Disposed	2018-09-04	Common Stock (5000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$12.75	2018-12-11	Common Stock (1250)	1250	Direct
Employee Stock Option (right to buy)	$13.01	2019-06-01	Common Stock (4000)	4000	Direct
Employee Stock Option (right to buy)	$22.15	2019-12-10	Common Stock (7000)	7000	Direct
Employee Stock Option	$31.19	2020-06-01	Common Stock (7500)	7500	Direct
Employee Stock Option (right to buy)	$32.92	2020-12-14	Common Stock (7500)	7500	Direct
Employee Stock Option (right to buy)	$37.76	2021-06-01	Common Stock (7500)	7500	Direct
Employee Stock Option (right to buy)	$53.34	2021-12-08	Common Stock (7500)	7500	Direct
Employee Stock Option (right to buy)	$51.17	2022-06-01	Common Stock (7500)	7500	Direct
Employee Stock Option (right to buy)	$55.72	2022-12-13	Common Stock (7500)	7500	Direct

Footnotes

F1: 25% per year for 4 years