WINMARK CORP — Director's Dealing 2021

Oct 13, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2021-10-12

Reporting Person: REYELTS PAUL C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-12	Common Stock	M	600	$134.25	Acquired	600	Direct
2021-10-12	Common Stock	M	600	$143.20	Acquired	1200	Direct
2021-10-12	Common Stock	M	800	$122.50	Acquired	2000	Direct
2021-10-12	Common Stock	M	800	$125.50	Acquired	2800	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-12	Non-Employee Director Stock Option (right to buy)	$125.50	M	800	Disposed	2026-12-12	Common Stock (800)	Direct
2021-10-12	Non-Employee Director Stock Option (right to buy)	$122.50	M	800	Disposed	2027-06-01	Common Stock (800)	Direct
2021-10-12	Non-Employee Director Stock Option (right to buy)	$134.25	M	600	Disposed	2027-12-11	Common Stock (800)	Direct
2021-10-12	Non-Employee Director Stock Option (right to buy)	$143.20	M	600	Disposed	2028-06-01	Common Stock (800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7987	Indirect
Common Stock	1350	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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
Non-Employee Director Stock Option (right to buy)	$183.87	2030-12-14	Common Stock (750)	750	Direct
Non-Employee Director Stock Option (right to buy)	$195.82	2031-06-01	Common Stock (750)	750	Direct

Footnotes

F1: 25% per year for four years.