ZOLA STEVEN C (President, Winmark Capital) sold 62.6% of their position (7.25K shares) of WINMARK CORP on the open market

Open‑market sale worth $1.07M — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 3 sales

ZOLA STEVEN C

Filed: 8/17/2018ACC: 0001179110-18-010667

InsiderZOLA STEVEN CCIK 1346749

→

IssuerWINMARK CORPCIK 908315

DirectorOfficer· President, Winmark Capital

Since Aug 2018

-7.85K

Net shares

Net seller

$1.07M

Total sold

Open market trades

0B · 3S

Total transactions

9.59K acquired · 17.45K disposed

Non-Derivative Transactions8

Common Stock

Indirect

G · Gift

−600.00

Price / share

—

Trade value

—

% of position

1.0%

7/13/2018

58.24K→57.64K

Common Stock

Direct

M · Option Exercise

+4K

Price / share

$12.75

Trade value

$51K

% of position

199.7%

8/15/2018

2K→6K

Common Stock

Direct

S · Sale

−2.52K

Price / share

$147.50

Trade value

$372.29K

% of position

42.0%

8/15/2018

6K→3.48K

Common Stock

Direct

M · Option Exercise

+1.79K

Price / share

$12.75

Trade value

$22.77K

% of position

51.3%

8/16/2018

3.48K→5.26K

Common Stock

Direct

M · Option Exercise

+2.31K

Price / share

$13.01

Trade value

$30K

% of position

43.8%

8/16/2018

5.26K→7.57K

Common Stock

Direct

S · Sale

−3.50K

Price / share

$148.48

Trade value

$519.68K

% of position

46.2%

8/16/2018

7.57K→4.07K

Common Stock

Direct

M · Option Exercise

+1.50K

Price / share

$13.01

Trade value

$19.52K

% of position

36.8%

8/17/2018

4.07K→5.57K

Common Stock

Direct

S · Sale

−1.23K

Price / share

$148.47

Trade value

$182.62K

% of position

22.1%

8/17/2018

5.57K→4.34K

Total

Net shares

+1.74K

Net value

-$951.30K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Indirect	7/13/2018	G · Gift	−600.00	—	—	1.0%	58.24K	57.64K
Common Stock Direct	8/15/2018	M · Option Exercise	+4K	$12.75	$51K	199.7%	2K	6K
Common Stock Direct	8/15/2018	S · Sale	−2.52K	$147.50	$372.29K	42.0%	6K	3.48K
Common Stock Direct	8/16/2018	M · Option Exercise	+1.79K	$12.75	$22.77K	51.3%	3.48K	5.26K
Common Stock Direct	8/16/2018	M · Option Exercise	+2.31K	$13.01	$30K	43.8%	5.26K	7.57K
Common Stock Direct	8/16/2018	S · Sale	−3.50K	$148.48	$519.68K	46.2%	7.57K	4.07K
Common Stock Direct	8/17/2018	M · Option Exercise	+1.50K	$13.01	$19.52K	36.8%	4.07K	5.57K
Common Stock Direct	8/17/2018	S · Sale	−1.23K	$148.47	$182.62K	22.1%	5.57K	4.34K
Total			+1.74K		-$951.30K

Derivative Transactions2

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.79K shares

−5.79K

Strike price

12.75

Held after

0.00

Exercisable

—

8/15/2018

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

7.31K shares

−3.81K

Strike price

13.01

Held after

3.50K

Exercisable

—

8/16/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (right to buy) Direct	Common Stock5.79K shares	8/15/2018	M · Option Exercise	−5.79K	12.75	—	0.00
Employee Stock Option (right to buy) Direct	Common Stock7.31K shares	8/16/2018	M · Option Exercise	−3.81K	13.01	—	3.50K

Non-Derivative Holdings (Post-Transaction)1

Common Stock

Indirect

Shares owned800.00

Total

800.00 indirect800.00

Security Title	Shares Owned	Ownership Type
Common Stock	800.00	Indirect
Total	800.00	800.00 indirect

Derivative Holdings (Post-Transaction)18

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

9.25K

Shares owned

9.25K

Exercise price

55.72

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

6.80K

Shares owned

6.80K

Exercise price

91.93

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

7.58K

Shares owned

7.58K

Exercise price

59.77

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

8.58K

Shares owned

8.58K

Exercise price

32.92

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

6.80K

Shares owned

6.80K

Exercise price

90.99

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

9.25K

Shares owned

9.25K

Exercise price

82.72

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

7.50K

Shares owned

7.50K

Exercise price

22.15

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

125.50

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

8.50K

Shares owned

8.50K

Exercise price

66.29

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

7.30K

Shares owned

7.30K

Exercise price

51.17

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

6.94K

Shares owned

6.94K

Exercise price

37.76

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

8.50K

Shares owned

8.50K

Exercise price

80.32

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

7.11K

Shares owned

7.11K

Exercise price

31.19

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

98.25

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

9.01K

Shares owned

9.01K

Exercise price

53.34

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

134.25

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

143.20

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

Exercise price

122.50

Expiration

—

Exercise window

—

Total

Underlying

128.12K

Owned

128.12K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (right to buy) Direct	Common Stock	55.72	—	—	9.25K	9.25K
Employee Stock Option (right to buy) Direct	Common Stock	91.93	—	—	6.80K	6.80K
Employee Stock Option (right to buy) Direct	Common Stock	59.77	—	—	7.58K	7.58K
Employee Stock Option (right to buy) Direct	Common Stock	32.92	—	—	8.58K	8.58K
Employee Stock Option (right to buy) Direct	Common Stock	90.99	—	—	6.80K	6.80K
Employee Stock Option (right to buy) Direct	Common Stock	82.72	—	—	9.25K	9.25K
Employee Stock Option (right to buy) Direct	Common Stock	22.15	—	—	7.50K	7.50K
Employee Stock Option (right to buy) Direct	Common Stock	125.50	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	66.29	—	—	8.50K	8.50K
Employee Stock Option (right to buy) Direct	Common Stock	51.17	—	—	7.30K	7.30K
Employee Stock Option (right to buy) Direct	Common Stock	37.76	—	—	6.94K	6.94K
Employee Stock Option (right to buy) Direct	Common Stock	80.32	—	—	8.50K	8.50K
Employee Stock Option (right to buy) Direct	Common Stock	31.19	—	—	7.11K	7.11K
Employee Stock Option (right to buy) Direct	Common Stock	98.25	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	53.34	—	—	9.01K	9.01K
Employee Stock Option (right to buy) Direct	Common Stock	134.25	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	143.20	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	122.50	—	—	5K	5K
Total					128.12K	128.12K