WINMARK CORP — Director's Dealing 2023

Mar 8, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WINMARK CORP (WINA)
CIK: 0000908315
Period of Report: 2023-03-06

Reporting Person: REYELTS PAUL C (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-09	Common Stock	G	3800	—	Disposed	3887	Indirect
2023-03-06	Common Stock	M	200	$134.25	Acquired	200	Direct
2023-03-06	Common Stock	M	200	$143.20	Acquired	400	Direct
2023-03-06	Common Stock	M	800	$156	Acquired	1200	Direct
2023-03-06	Common Stock	M	562	$164.84	Acquired	1762	Direct
2023-03-06	Common Stock	M	562	$176.20	Acquired	2324	Direct
2023-03-06	Common Stock	M	375	$143.87	Acquired	2699	Direct
2023-03-06	Common Stock	M	375	$183.87	Acquired	3074	Direct
2023-03-06	Common Stock	M	187	$195.82	Acquired	3261	Direct
2023-03-06	Common Stock	M	187	$261.32	Acquired	3448	Direct
2023-03-06	Common Stock	S	275	$295	Disposed	3173	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-06	Non-Employee Stock Option (right to buy)	$134.25	M	200	Disposed	2027-12-11	Common Stock (200)	Direct
2023-03-06	Non-Employee Stock Option (right to buy)	$143.20	M	200	Disposed	2028-06-01	Common Stock (200)	Direct
2023-03-06	Non-Employee Stock Option (right to buy)	$156	M	800	Disposed	2028-12-11	Common Stock (800)	Direct
2023-03-06	Non-Employee Stock Option (right to buy)	$164.84	M	562	Disposed	2029-06-01	Common Stock (750)	Direct
2023-03-06	Non-Employee Stock Option (right to buy)	$176.20	M	562	Disposed	2029-12-16	Common Stock (750)	Direct
2023-03-06	Non-Employee Stock Option (right to buy)	$143.87	M	375	Disposed	2030-06-01	Common Stock (750)	Direct
2023-03-06	Non-Employee Stock Option (right to buy)	$183.87	M	375	Disposed	2030-12-14	Common Stock (750)	Direct
2023-03-06	Non-Employee Stock Option (right to buy)	$195.82	M	187	Disposed	2031-06-01	Common Stock (750)	Direct
2023-03-06	Non-Employee Stock Option (right to buy)	$261.32	M	187	Disposed	2031-12-13	Common Stock (750)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Employee Stock Option (right to buy)	$197.80	2032-06-01	Common Stock (880)	880	Direct
Non-Employee Stock Option (right to buy)	$238.60	2032-12-12	Common Stock (620)	620	Direct

Footnotes

F1: 25% per year for four years.