WINMARK CORP — Director's Dealing 2019

Dec 16, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2019-12-16

Reporting Person: REYELTS PAUL C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-06-24	Common Stock	G	2900	$0.0	Disposed	9749	Direct
2019-10-23	Common Stock	G	2750	$0.0	Disposed	6999	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-12-16	Non-Employee Director (right to buy)	$176.20	A	750	Acquired	2029-12-16	Common Stock (750)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	17182	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Employee Director Stock Option (right to buy)	$66.29	2024-06-01	Common Stock (250)	250	Direct
Non-Employee Director Stock Option (right to buy)	$80.32	2024-12-15	Common Stock (250)	250	Direct
Non-Employee Director Stock Option	$91.93	2025-06-01	Common Stock (800)	800	Direct
Non-Employee Director Stock Option (right to buy)	$90.99	2025-12-14	Common Stock (800)	800	Direct
Non-Employee Director Stock Option (right to buy)	$98.25	2026-06-01	Common Stock (800)	800	Direct
Non-Employee Director Stock Option (right to buy)	$125.50	2026-12-12	Common Stock (800)	800	Direct
Non-Employee Director Stock Option (right to buy)	$122.50	2027-06-01	Common Stock (800)	800	Direct
Non-Employee Director Stock Option (right to buy)	$134.25	2027-12-11	Common Stock (800)	800	Direct
Non-Employee Director Stock Option (right to buy)	$143.20	2028-06-01	Common Stock (800)	800	Direct
Non-Employee Director Stock Option (right to buy)	$156.00	2028-12-11	Common Stock (800)	800	Direct
Non-Employee Director Stock Option (right to buy)	$164.84	2029-06-01	Common Stock (750)	750	Direct

Footnotes

F1: 25% per year for four years.