WINMARK CORP — Director's Dealing 2018

Aug 30, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2018-08-30

Reporting Person: Goff Leah A (VP of Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-30	Common Stock	M	750	$59.77	Acquired	9250	Direct
2018-08-30	Common Stock	M	1250	$66.29	Acquired	10500	Direct
2018-08-30	Common Stock	S	1250	$149.22	Disposed	9250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-30	Employee Stock Option (right to buy)	$59.77	M	750	Disposed	2023-06-01	Common Stock (750)	Direct
2018-08-30	Employee Stock Option (right to buy)	$66.29	M	1250	Disposed	2024-06-01	Common Stock (1250)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$82.72	2023-12-16	Common Stock (1250)	1250	Direct
Employee Stock Option (right to buy)	$80.32	2024-12-15	Common Stock (1250)	1250	Direct
Employee Stock Option (right to buy)	$91.93	2025-06-01	Common Stock (1000)	1000	Direct
Employee Stock Option (right to buy)	$90.99	2025-12-14	Common Stock (1000)	1000	Direct
Employee Stock Option (right to buy)	$98.25	2026-06-01	Common Stock (1000)	1000	Direct
Employee Stock Option (right to buy)	$125.50	2026-12-12	Common Stock (1000)	1000	Direct
Employee Stock Option (right to buy)	$122.50	2027-06-01	Common Stock (1000)	1000	Direct
Employee Stock Option (right to buy)	$134.25	2027-12-11	Common Stock (1000)	1000	Direct
Employee Stock Option (right to buy)	$143.20	2028-06-01	Common Stock (1000)	1000	Direct

Footnotes

F1: 25% per year for four years

F2: 1,250 shares sold at an average price of $149.22, with a range of $149.00 to $149.50, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.