WINMARK CORP - Director's Dealing 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2015-06-15

Reporting Person: REYELTS PAUL C (Director)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-15	Common Stock	S	2551	$103.42	Disposed	23799	Indirect
2015-06-16	Common Stock	S	502	$103.00	Disposed	23297	Indirect

Security	Shares	Ownership
Common Stock	7400	Direct

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Employee Director Stock Option (right to buy)	$12.75	2018-12-11	Common Stock (500)	500	Direct
Non-Employee Director Stock Option (right to buy)	$13.01	2019-06-01	Common Stock (250)	250	Direct
Nonemployee Director Stock Option (right to buy)	$22.15	2019-12-10	Common Stock (500)	500	Direct
Non-Employee Director Stock Option (right to buy)	$31.19	2020-06-01	Common Stock (500)	500	Direct
Non-Employee Director Stock Option (right to buy)	$32.92	2020-12-14	Common Stock (750)	750	Direct
Non-Employee Director Stock Option (right to buy)	$37.76	2021-06-01	Common Stock (750)	750	Direct
Nonemployee Director Stock Option (right to buy)	$53.34	2021-12-08	Common Stock (1000)	1000	Direct
Non-Employee Director Stock Option (right to buy)	$51.17	2022-06-01	Common Stock (1000)	1000	Direct
Non-Employee Director Stock Option (right to buy)	$55.72	2022-12-13	Common Stock (1000)	1000	Direct
Non-Employee Director Stock Option (right to buy)	$59.77	2023-06-01	Common Stock (1000)	1000	Direct
Non-Employee Director Stock Option (right to buy)	$82.72	2023-12-16	Common Stock (1000)	1000	Direct
Non-Employee Director Stock Option (right to buy)	$66.29	2024-06-01	Common Stock (1000)	1000	Direct
Non-Employee Director Stock Option (right to buy)	$80.32	2024-12-15	Common Stock (1000)	1000	Direct
Non-Employee Director Stock Option	$91.93	2025-06-01	Common Stock (800)	800	Direct

F1: 25% per year for four years.

F2: 2,551 shares sold at an average price of $103.42, with a range of $103.05 to $103.57