ZOLA STEVEN C (President, Winmark Capital) sold 55.0% of their position (2.45K shares) of WINMARK CORP on the open market

Open‑market sale worth $449.3K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 4 sales

ZOLA STEVEN C

Filed: 5/2/2019ACC: 0001179110-19-005436

InsiderZOLA STEVEN CCIK 1346749

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IssuerWINMARK CORPCIK 908315

DirectorOfficer· President, Winmark Capital

Since Aug 2018

-2.45K

Net shares

Net seller

$449.3K

Total sold

Open market trades

0B · 4S

Total transactions

2.45K acquired · 4.90K disposed

Non-Derivative Transactions7

Common Stock

Direct

M · Option Exercise

+705.00

Price / share

$13.01

Trade value

$9.17K

% of position

35.2%

4/30/2019

2K→2.71K

Common Stock

Direct

S · Sale

−705.00

Price / share

$185.15

Trade value

$130.53K

% of position

26.0%

4/30/2019

2.71K→2K

Common Stock

Direct

M · Option Exercise

+1.58K

Price / share

$13.01

Trade value

$20.50K

% of position

78.7%

5/1/2019

2K→3.58K

Common Stock

Direct

S · Sale

−100.00

Price / share

$186.00

Trade value

$18.60K

% of position

2.8%

5/1/2019

3.58K→3.48K

Common Stock

Direct

S · Sale

−1.48K

Price / share

$182.40

Trade value

$269.22K

% of position

42.4%

5/1/2019

3.48K→2K

Common Stock

Direct

M · Option Exercise

+171.00

Price / share

$13.01

Trade value

$2.22K

% of position

8.5%

5/2/2019

2K→2.17K

Common Stock

Direct

S · Sale

−171.00

Price / share

$181.00

Trade value

$30.95K

% of position

7.9%

5/2/2019

2.17K→2K

Total

Net shares

+0.00

Net value

-$417.40K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/30/2019	M · Option Exercise	+705.00	$13.01	$9.17K	35.2%	2K	2.71K
Common Stock Direct	4/30/2019	S · Sale	−705.00	$185.15	$130.53K	26.0%	2.71K	2K
Common Stock Direct	5/1/2019	M · Option Exercise	+1.58K	$13.01	$20.50K	78.7%	2K	3.58K
Common Stock Direct	5/1/2019	S · Sale	−100.00	$186.00	$18.60K	2.8%	3.58K	3.48K
Common Stock Direct	5/1/2019	S · Sale	−1.48K	$182.40	$269.22K	42.4%	3.48K	2K
Common Stock Direct	5/2/2019	M · Option Exercise	+171.00	$13.01	$2.22K	8.5%	2K	2.17K
Common Stock Direct	5/2/2019	S · Sale	−171.00	$181.00	$30.95K	7.9%	2.17K	2K
Total			+0.00		-$417.40K

Derivative Transactions1

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.50K shares

−2.45K

Strike price

13.01

Held after

1.05K

Exercisable

—

4/30/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (right to buy) Direct	Common Stock3.50K shares	4/30/2019	M · Option Exercise	−2.45K	13.01	—	1.05K

Non-Derivative Holdings (Post-Transaction)2

Common Stock

Indirect

Shares owned800.00

Common Stock

Indirect

Shares owned58.97K

Total

59.77K indirect59.77K

Security Title	Shares Owned	Ownership Type
Common Stock	800.00	Indirect
Common Stock	58.97K	Indirect
Total	59.77K	59.77K indirect

Derivative Holdings (Post-Transaction)19

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

8.58K

Shares owned

8.58K

Exercise price

32.92

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

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

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

Shares owned

Exercise price

156.00

Expiration

—

Exercise window

—

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

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

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

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

Shares owned

Exercise price

122.50

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

Shares owned

Exercise price

143.20

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

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

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

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

Shares owned

Exercise price

134.25

Expiration

—

Exercise window

—

Total

Underlying

133.12K

Owned

133.12K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (right to buy) Direct	Common Stock	37.76	—	—	6.94K	6.94K
Employee Stock Option (right to buy) Direct	Common Stock	32.92	—	—	8.58K	8.58K
Employee Stock Option (right to buy) Direct	Common Stock	53.34	—	—	9.01K	9.01K
Employee Stock Option (right to buy) Direct	Common Stock	66.29	—	—	8.50K	8.50K
Employee Stock Option (right to buy) Direct	Common Stock	156.00	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	55.72	—	—	9.25K	9.25K
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	59.77	—	—	7.58K	7.58K
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	122.50	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	91.93	—	—	6.80K	6.80K
Employee Stock Option (right to buy) Direct	Common Stock	143.20	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	51.17	—	—	7.30K	7.30K
Employee Stock Option (right to buy) Direct	Common Stock	80.32	—	—	8.50K	8.50K
Employee Stock Option (right to buy) Direct	Common Stock	82.72	—	—	9.25K	9.25K
Employee Stock Option (right to buy) Direct	Common Stock	90.99	—	—	6.80K	6.80K
Employee Stock Option (right to buy) Direct	Common Stock	134.25	—	—	5K	5K
Total					133.12K	133.12K