MACKENZIE KIRK A exercised options at WINMARK CORP

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise

MACKENZIE KIRK A

Filed: 4/30/2020ACC: 0001179110-20-005280

InsiderMACKENZIE KIRK ACIK 900705

→

IssuerWINMARK CORPCIK 908315

Director

Since Nov 2018

0.00

Net shares

Net seller

$31.2K

Total acquired

Open market trades

0B · 0S

Total transactions

1K acquired · 1K disposed

Non-Derivative Transactions1

Common Stock

Direct

M · Option Exercise

+1K

Price / share

$31.19

Trade value

$31.19K

% of position

New position

4/28/2020

0.00→1K

Total

Net shares

+1K

Net value

$31.19K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/28/2020	M · Option Exercise	+1K	$31.19	$31.19K	New position	0.00	1K
Total			+1K		$31.19K

Derivative Transactions1

Non-Employee Director Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1K shares

−1K

Strike price

31.19

Held after

0.00

Exercisable

—

4/28/2020

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Non-Employee Director Stock Option (right to buy) Direct	Common Stock1K shares	4/28/2020	M · Option Exercise	−1K	31.19	—	0.00

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned30.10K

Total

30.10K indirect30.10K

Security Title	Shares Owned	Ownership Type
Common Stock	30.10K	Indirect
Total	30.10K	30.10K indirect

Derivative Holdings (Post-Transaction)19

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

55.72

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

98.25

Expiration

—

Exercise window

—

Non-Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

59.77

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

750.00

Shares owned

750.00

Exercise price

176.20

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

134.25

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

32.92

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

37.76

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

80.32

Expiration

—

Exercise window

—

Nonemployee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

53.34

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

51.17

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

66.29

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

156.00

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to own)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

143.20

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

122.50

Expiration

—

Exercise window

—

Non-Employee Directors Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

750.00

Shares owned

750.00

Exercise price

164.84

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

90.99

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

125.50

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

82.72

Expiration

—

Exercise window

—

Non-Employee Director Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

800.00

Shares owned

800.00

Exercise price

91.93

Expiration

—

Exercise window

—

Total

Underlying

16.90K

Owned

16.90K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	55.72	—	—	1K	1K
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	98.25	—	—	800.00	800.00
Non-Employee Stock Option (right to buy) Direct	Common Stock	59.77	—	—	1K	1K
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	176.20	—	—	750.00	750.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	134.25	—	—	800.00	800.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	32.92	—	—	1K	1K
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	37.76	—	—	1K	1K
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	80.32	—	—	1K	1K
Nonemployee Director Stock Option (right to buy) Direct	Common Stock	53.34	—	—	1K	1K
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	51.17	—	—	1K	1K
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	66.29	—	—	1K	1K
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	156.00	—	—	800.00	800.00
Non-Employee Director Stock Option (right to own) Direct	Common Stock	143.20	—	—	800.00	800.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	122.50	—	—	800.00	800.00
Non-Employee Directors Stock Option (right to buy) Direct	Common Stock	164.84	—	—	750.00	750.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	90.99	—	—	800.00	800.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	125.50	—	—	800.00	800.00
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	82.72	—	—	1K	1K
Non-Employee Director Stock Option (right to buy) Direct	Common Stock	91.93	—	—	800.00	800.00
Total					16.90K	16.90K