WINMARK CORP — Director's Dealing 2020

Nov 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2020-11-09

Reporting Person: REYELTS PAUL C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-09	Common Stock	S	1213	$172.85	Disposed	6011	Indirect
2020-11-09	Common Stock	S	2511	$173.46	Disposed	3500	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1445	Direct
Common Stock	7987	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
Non-Employee Director (right to buy)	$176.20	2029-12-16	Common Stock (750)	750	Direct
Non-Employee Director Stock Option (right to buy)	$143.87	2030-06-01	Common Stock (750)	750	Direct

Footnotes

F1: 25% per year for four years.