SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
MACKENZIE KIRK A

(Last) (First) (Middle)
605 HWY 169 N
SUITE 400

(Street)
MINNEAPOLIS MN 55441

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WINMARK CORP [ WINA ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2021
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 33,103 I Kirk A MacKenzie Revocable Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Nonemployee Director Stock Option (right to buy) $53.34 12/08/2012(1) 12/08/2021 Common Stock 1,000 1,000 D
Non-Employee Director Stock Option (right to buy) $51.17 06/01/2013(1) 06/01/2022 Common Stock 1,000 1,000 D
Non-Employee Director Stock Option (right to buy) $55.72 12/13/2013(1) 12/13/2022 Common Stock 1,000 1,000 D
Non-Employee Stock Option (right to buy) $59.77 06/01/2014(1) 06/01/2023 Common Stock 1,000 1,000 D
Non-Employee Director Stock Option (right to buy) $82.72 12/16/2014(1) 12/16/2023 Common Stock 1,000 1,000 D
Non-Employee Director Stock Option (right to buy) $66.29 06/01/2015(1) 06/01/2024 Common Stock 1,000 1,000 D
Non-Employee Director Stock Option (right to buy) $80.32 12/15/2015(1) 12/15/2024 Common Stock 1,000 1,000 D
Non-Employee Director Stock Option (right to buy) $91.93 06/01/2016(1) 06/01/2025 Common Stock 800 800 D
Non-Employee Director Stock Option (right to buy) $90.99 12/14/2016(1) 12/14/2025 Common Stock 800 800 D
Non-Employee Director Stock Option (right to buy) $98.25 06/01/2017(1) 06/01/2026 Common Stock 800 800 D
Non-Employee Director Stock Option (right to buy) $125.5 12/12/2017(1) 12/12/2026 Common Stock 800 800 D
Non-Employee Director Stock Option (right to buy) $122.5 06/01/2018(1) 06/01/2027 Common Stock 800 800 D
Non-Employee Director Stock Option (right to buy) $134.25 12/11/2018(1) 12/11/2027 Common Stock 800 800 D
Non-Employee Director Stock Option (right to own) $143.2 06/01/2019(1) 06/01/2028 Common Stock 800 800 D
Non-Employee Director Stock Option (right to buy) $156 12/11/2019(1) 12/11/2028 Common Stock 800 800 D
Non-Employee Directors Stock Option (right to buy) $164.84 06/01/2020(1) 06/01/2029 Common Stock 750 750 D
Non-Employee Director Stock Option (right to buy) $176.2 12/16/2020(1) 12/16/2029 Common Stock 750 750 D
Non Employee Director Stock Option (right to buy) $143.87 06/01/2021(1) 06/01/2030 Common Stock 750 750 D
Non-Employee Director Stock Option (right to buy) $183.87 12/14/2021(1) 12/14/2030 Common Stock 750 750 D
Non-Employee Director Stock Option (right to buy) $195.82 06/01/2021 A 750 06/01/2022(1) 06/01/2031 Common Stock 750 $195.82 750 D
Explanation of Responses:
1. 25% per year for four years.
/s/ Kirk A. MacKenzie 06/01/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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