# EDGAR Filing Document

**Accession Number:** 0000908315
**File Stem:** 0001415889-23-005398
**Filing Date:** 2023-3
**Character Count:** 8419
**Document Hash:** e4fb3a4b12d17a4b3fa5d556750bcb1d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001415889-23-005398.hdr.sgml**: 20230324

**ACCESSION NUMBER**: 0001415889-23-005398

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230322

**FILED AS OF DATE**: 20230324

**DATE AS OF CHANGE**: 20230324

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Barbetta Lawrence A
- **CENTRAL INDEX KEY:** 0001548984

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-22012
- **FILM NUMBER:** 23760702

**MAIL ADDRESS:**
- **STREET 1:** 605 HWY 169 N
- **STREET 2:** SUITE 400
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55441
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WINMARK CORP
- **CENTRAL INDEX KEY:** 0000908315
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-MISCELLANEOUS RETAIL [5900]
- **IRS NUMBER:** 411622691
- **STATE OF INCORPORATION:** MN
- **FISCAL YEAR END:** 1230

**BUSINESS ADDRESS:**
- **STREET 1:** 605 HIGHWAY 169 N SUITE 400
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55441
- **BUSINESS PHONE:** 763-520-8500

**MAIL ADDRESS:**
- **STREET 1:** 605 HIGHWAY 169 N SUITE 400
- **CITY:** MINNEAPOLIS
- **STATE:** MN
- **ZIP:** 55441

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GROW BIZ INTERNATIONAL INC
- **DATE OF NAME CHANGE:** 19930629

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Barbetta Lawrence A<br><sub>(Last) (First) (Middle)</sub><br>605 HIGHWAY 169 N<br>SUITE 400<br><sub>(Street)</sub><br>MINNEAPOLIS, MN 55441<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-22 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>WINMARK CORP [ WINA ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-03-22 |  | S |  | 104<sup>(1)</sup> | D | $307.26 | 24537 | D |  |
| Common Stock | 2023-03-22 |  | S |  | 514<sup>(2)</sup> | D | $305.51 | 24023 | D |  |
| Common Stock | 2023-03-22 |  | S |  | 600<sup>(3)</sup> | D | $304.79 | 23423 | D |  |
| Common Stock | 2023-03-23 |  | S |  | 202<sup>(4)</sup> | D | $306.18 | 23221 | D |  |
| Common Stock | 2023-03-23 |  | S |  | 338<sup>(5)</sup> | D | $304.97 | 22883 | D |  |
| Common Stock | 2023-03-24 |  | S |  | 1753<sup>(6)</sup> | D | $305.95 | 21130 | D |  |
| Common Stock | 2023-03-24 |  | S |  | 3247<sup>(7)</sup> | D | $305.28 | 17883 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Non-Employee Director Stock Option (right to buy) | $134.25 |  |  |  |  |  |  | 2018-12-11<sup>(8)</sup> | 2027-12-11 | Common Stock | 200 |  | 200 | D |  |
| Non-Employee Director Stock Option (right to buy) | $143.20 |  |  |  |  |  |  | 2019-06-01<sup>(8)</sup> | 2028-06-01 | Common Stock | 200 |  | 200 | D |  |
| Non-Employee Director Stock Option (right to buy) | $156 |  |  |  |  |  |  | 2019-12-11<sup>(8)</sup> | 2028-12-11 | Common Stock | 400 |  | 400 | D |  |
| Non-Employee Director Stock Option (right to buy) | $164.84 |  |  |  |  |  |  | 2020-06-01<sup>(8)</sup> | 2029-06-01 | Common Stock | 375 |  | 375 | D |  |
| Non-Employee Director Stock Option (right to buy) | $176.20 |  |  |  |  |  |  | 2020-12-16<sup>(8)</sup> | 2029-12-16 | Common Stock | 563 |  | 563 | D |  |
| Non-Employee Director Stock Option (right to buy) | $143.87 |  |  |  |  |  |  | 2021-06-01<sup>(8)</sup> | 2030-06-01 | Common Stock | 563 |  | 563 | D |  |
| Non-Employee Director Stock Option (right to buy) | $183.87 |  |  |  |  |  |  | 2021-12-14<sup>(8)</sup> | 2030-12-14 | Common Stock | 750 |  | 750 | D |  |
| Non-Employee Director Stock Option (right to buy) | $195.82 |  |  |  |  |  |  | 2022-06-01<sup>(8)</sup> | 2031-06-01 | Common Stock | 750 |  | 750 | D |  |
| Non-Employee Stock Option (right to buy) | $197.80 |  |  |  |  |  |  | 2023-06-01<sup>(8)</sup> | 2032-06-01 | Common Stock | 880 |  | 880 | D |  |
| Non-Employee Stock Option (right to buy) | $261.32 |  |  |  |  |  |  | 2022-12-13<sup>(8)</sup> | 2031-12-13 | Common Stock | 750 |  | 750 | D |  |
| Non-Employee Director Stock Option (right to buy) | $238.60 |  |  |  |  |  |  | 2023-12-12<sup>(8)</sup> | 2032-12-12 | Common Stock | 620 |  | 620 | D |  |

---

### Footnotes:

(1) 1,753 shares sold at an average price of $305.95 with a range of $305.61 to $306.51.

(2) 514 shares sold at an average price of $305.51 with a range of $305.10 to $306.09.

(3) 600 shares sold at an average price of $304.79 with a range of $304.50 to $305.00.

(4) 202 shares sold at an average price of $306.18 with a range of $305.52 to $306.52.

(5) 338 shares sold at an average price of $304.97 with a range of $304.70 to $305.26.

(6) 1,753 shares sold at an average price of $305.95 with a range of $305.61 to $306.61.

(7) 3,247 shares sold at an average price of $305.28 with a range of $305.00 to $305.60.

(8) 25% per year for four years.

**Signature:** /s/ Lawrence A. Barbetta  
**Date:** 2023-03-24

### Remarks:

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.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**