ZOLA STEVEN C (President, Winmark Capital) sold 70.1% of their position (4.70K shares) of WINMARK CORP on the open market

Open‑market sale worth $826.1K — a major position exit. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 6 sales

ZOLA STEVEN C

Filed: 5/7/2019ACC: 0001179110-19-005682

InsiderZOLA STEVEN CCIK 1346749

→

IssuerWINMARK CORPCIK 908315

DirectorOfficer· President, Winmark Capital

Since Aug 2018

-4.70K

Net shares

Net seller

$826.1K

Total sold

Open market trades

0B · 6S

Total transactions

4.70K acquired · 9.40K disposed

Non-Derivative Transactions10

Common Stock

Direct

M · Option Exercise

+1.05K

Price / share

$13.01

Trade value

$13.63K

% of position

52.3%

5/3/2019

2K→3.05K

Common Stock

Direct

M · Option Exercise

+1.28K

Price / share

$22.15

Trade value

$28.26K

% of position

41.8%

5/3/2019

3.05K→4.33K

Common Stock

Direct

S · Sale

−458.00

Price / share

$178.73

Trade value

$81.86K

% of position

10.6%

5/3/2019

4.33K→3.87K

Common Stock

Direct

S · Sale

−1.87K

Price / share

$177.12

Trade value

$330.51K

% of position

48.2%

5/3/2019

3.87K→2K

Common Stock

Direct

M · Option Exercise

+385.00

Price / share

$22.15

Trade value

$8.53K

% of position

19.2%

5/6/2019

2K→2.39K

Common Stock

Direct

S · Sale

−35.00

Price / share

$180.46

Trade value

$6.32K

% of position

1.5%

5/6/2019

2.39K→2.35K

Common Stock

Direct

S · Sale

−350.00

Price / share

$177.06

Trade value

$61.97K

% of position

14.9%

5/6/2019

2.35K→2K

Common Stock

Direct

M · Option Exercise

+1.99K

Price / share

$22.15

Trade value

$44.12K

% of position

99.5%

5/7/2019

2K→4K

Common Stock

Direct

S · Sale

−50.00

Price / share

$174.50

Trade value

$8.72K

% of position

1.3%

5/7/2019

4K→3.94K

Common Stock

Direct

S · Sale

−1.94K

Price / share

$173.38

Trade value

$336.70K

% of position

49.2%

5/7/2019

3.94K→2K

Total

Net shares

+0.00

Net value

-$731.53K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	5/3/2019	M · Option Exercise	+1.05K	$13.01	$13.63K	52.3%	2K	3.05K
Common Stock Direct	5/3/2019	M · Option Exercise	+1.28K	$22.15	$28.26K	41.8%	3.05K	4.33K
Common Stock Direct	5/3/2019	S · Sale	−458.00	$178.73	$81.86K	10.6%	4.33K	3.87K
Common Stock Direct	5/3/2019	S · Sale	−1.87K	$177.12	$330.51K	48.2%	3.87K	2K
Common Stock Direct	5/6/2019	M · Option Exercise	+385.00	$22.15	$8.53K	19.2%	2K	2.39K
Common Stock Direct	5/6/2019	S · Sale	−35.00	$180.46	$6.32K	1.5%	2.39K	2.35K
Common Stock Direct	5/6/2019	S · Sale	−350.00	$177.06	$61.97K	14.9%	2.35K	2K
Common Stock Direct	5/7/2019	M · Option Exercise	+1.99K	$22.15	$44.12K	99.5%	2K	4K
Common Stock Direct	5/7/2019	S · Sale	−50.00	$174.50	$8.72K	1.3%	4K	3.94K
Common Stock Direct	5/7/2019	S · Sale	−1.94K	$173.38	$336.70K	49.2%	3.94K	2K
Total			+0.00		-$731.53K

Derivative Transactions2

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.05K shares

−1.05K

Strike price

13.01

Held after

0.00

Exercisable

—

5/3/2019

Employee Stock Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

7.50K shares

−3.65K

Strike price

22.15

Held after

3.85K

Exercisable

—

5/3/2019

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (right to buy) Direct	Common Stock1.05K shares	5/3/2019	M · Option Exercise	−1.05K	13.01	—	0.00
Employee Stock Option (right to buy) Direct	Common Stock7.50K shares	5/3/2019	M · Option Exercise	−3.65K	22.15	—	3.85K

Non-Derivative Holdings (Post-Transaction)2

Common Stock

Indirect

Shares owned58.97K

Common Stock

Indirect

Shares owned800.00

Total

59.77K indirect59.77K

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

Derivative Holdings (Post-Transaction)18

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

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

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

8.58K

Shares owned

8.58K

Exercise price

32.92

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

6.94K

Shares owned

6.94K

Exercise price

37.76

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

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

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

Shares owned

Exercise price

125.50

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

Shares owned

Exercise price

156.00

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

8.50K

Shares owned

8.50K

Exercise price

66.29

Expiration

—

Exercise window

—

Employee Stock Option (right to buy)

Direct

Underlying security

Common Stock

Underlying shares

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

Shares owned

Exercise price

98.25

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

134.25

Expiration

—

Exercise window

—

Total

Underlying

125.62K

Owned

125.62K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (right to buy) Direct	Common Stock	51.17	—	—	7.30K	7.30K
Employee Stock Option (right to buy) Direct	Common Stock	31.19	—	—	7.11K	7.11K
Employee Stock Option (right to buy) Direct	Common Stock	53.34	—	—	9.01K	9.01K
Employee Stock Option (right to buy) Direct	Common Stock	32.92	—	—	8.58K	8.58K
Employee Stock Option (right to buy) Direct	Common Stock	37.76	—	—	6.94K	6.94K
Employee Stock Option (right to buy) Direct	Common Stock	122.50	—	—	5K	5K
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	125.50	—	—	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	156.00	—	—	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	59.77	—	—	7.58K	7.58K
Employee Stock Option (right to buy) Direct	Common Stock	66.29	—	—	8.50K	8.50K
Employee Stock Option (right to buy) Direct	Common Stock	80.32	—	—	8.50K	8.50K
Employee Stock Option (right to buy) Direct	Common Stock	98.25	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	143.20	—	—	5K	5K
Employee Stock Option (right to buy) Direct	Common Stock	134.25	—	—	5K	5K
Total					125.62K	125.62K