WINMARK CORP — Director's Dealing 2021

Jun 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2021-06-08

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-08	Common Stock	M	395	$91.93	Acquired	9570	Direct
2021-06-08	Common Stock	M	500	$90.99	Acquired	10070	Direct
2021-06-08	Common Stock	M	415	$98.25	Acquired	10485	Direct
2021-06-08	Common Stock	M	514	$125.50	Acquired	10999	Direct
2021-06-08	Common Stock	M	500	$122.50	Acquired	11499	Direct
2021-06-08	Common Stock	M	300	$134.25	Acquired	11799	Direct
2021-06-08	Common Stock	S	931	$200.52	Disposed	10868	Direct
2021-06-08	Common Stock	S	1693	$199.71	Disposed	9175	Direct
2021-06-08	Common Stock	M	605	$91.93	Acquired	9780	Direct
2021-06-08	Common Stock	M	500	$90.99	Acquired	10280	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-08	Employee Stock Option (right to buy)	$91.93	M	1000	Disposed	2025-06-01	Common Stock (1000)	Direct
2021-06-08	Employee Stock Option (right to buy)	$90.99	M	1000	Disposed	2025-12-14	Common Stock (1000)	Direct
2021-06-08	Employee Stock Option (right to buy)	$98.25	M	415	Disposed	2026-06-01	Common Stock (1000)	Direct
2021-06-08	Employee Stock Option (right to buy)	$125.50	M	514	Disposed	2026-12-12	Common Stock (1000)	Direct
2021-06-08	Employee Stock Option (right to buy)	$122.50	M	500	Disposed	2027-06-01	Common Stock (1000)	Direct
2021-06-08	Employee Stock Option (right to buy)	$134.25	M	300	Disposed	2027-12-11	Common Stock (1000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$143.20	2028-06-01	Common Stock (1000)	1000	Direct
Employee Stock Option (right to buy)	$156.00	2028-12-11	Common Stock (1000)	1000	Direct
Employee Stock Option (right to buy)	$164.84	2029-06-01	Common Stock (900)	900	Direct
Employee Stock Option (right to buy)	$176.20	2029-12-16	Common Stock (900)	900	Direct
Employee Stock Option (right to buy)	$143.87	2030-06-01	Common Stock (900)	900	Direct
Employee Stock Option (right to buy)	$183.87	2030-12-14	Common Stock (900)	900	Direct
Employee Stock Option (right to buy)	$195.82	2031-06-01	Common Stock (900)	900	Direct

Footnotes

F1: 25% per year for 4 years

F2: (2) 931 shares sold at an average price of $200.52, with a range of $200.25 to $201.18, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.

F3: (3) 1,693 shares sold at an average price of $199.71, with a range of $199.50 to $200.12, to cover payment of exercise price of and taxes due on option exercises included on this Form 4.