Winmark Corporation (NASDAQ:WINA) Files An 8-K Submission of Matters to a Vote of Security Holders

Winmark Corporation (NASDAQ:WINA) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07Submission of Matters to a Vote of Security Holders

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(a-b) At the Annual Shareholders meeting held on April 25, 2018, Winmark Corporation (the “Company”) submitted to vote of security-holders the following matters that received the indicated votes:

1.

Set the number of members of the Board of Directors at eight:

FOR:

2,539,018

AGAINST:

4,994

ABSTAIN:

1,132

BROKER NON-VOTE:

503,980

2.

Election of Directors:

NOMINEE

FOR

WITHHOLD

BROKER

NON-VOTE

John L. Morgan

2,465,251 79,893 503,980

Lawrence A. Barbetta

2,471,480 73,664 503,980

Jenele C. Grassle

2,521,782 23,362 503,980

Brett D. Heffes

2,533,486 11,658

503,980

Kirk A. MacKenzie

2,534,611 10,533

503,980

Paul C. Reyelts

2,520,103 25,041

503,980

Mark L. Wilson

2,517,999 27,145

503,980

Steven C. Zola

2,519,305 25,839

503,980

3.Ratify the appointment of Grant Thornton, LLP as independent registered public accounting firm for the 2018 fiscal year:

FOR:

3,036,827

AGAINST:

4,134

ABSTAIN:

8,163

BROKER NON-VOTE:

0

Item 7.01Regulation FD Disclosure

On April 25, 2018, Winmark Corporation (the “Company”)announced in a press release that its Board of Directors has approved the payment of a cash dividend to its shareholders.The quarterly dividend of $0.15 per share will be paid on June 1, 2018 to shareholders of record on the close of business on May 9, 2018.Future dividends will be subject to Board approval.A copy of the press release is attached as Exhibit 99.1 of this Current Report on Form 8-K.

Item 8.01Other Events

On April 25, 2018, the Companyannounced in a press release that its Board of Directors has approved the payment of a cash dividend to its shareholders.The quarterly dividend of $0.15 per share will be paid on June 1, 2018 to shareholders of record on the close of business on May 9, 2018.Future dividends will be subject to Board approval.A copy of the press release is attached as Exhibit 99.1 of this Current Report on Form 8-K.

Item 9.01Financial Statements and Exhibits

(d)Exhibits

99.1

Press Release dated April 25, 2018


WINMARK CORP Exhibit
EX-99.1 2 wina-20180425ex99125ff7d.htm EX-99.1 Ex_991_8K_Dividend     Exhibit 99.1                 Contact:Brett D. Heffes 763/520-8500     FOR IMMEDIATE RELEASE   WINMARK CORPORATION ANNOUNCES INCREASE IN CASH DIVIDEND   Minneapolis,…
To view the full exhibit click here

About Winmark Corporation (NASDAQ:WINA)

Winmark Corporation is a franchisor of five retail store concepts that buy, sell and trade used merchandise. The Company operates in two business segments: franchising and leasing. The franchising segment franchises retail store concepts that buy, sell, trade and consign merchandise. The leasing segment includes Winmark Capital Corporation, which is the Company’s middle-market equipment leasing business, and Wirth Business Credit, Inc., its small-ticket financing business. Its concepts also offer a limited amount of merchandise to customers. The Franchising segment consists of Plato’s Closet, Once Upon A Child, Play It Again Sports, Music Go Round and Style Encore. The Company has approximately 1,150 franchised stores across the United States and Canada. The Company’s subsidiary, Winmark Capital Corporation, is engaged in the business of providing non-cancelable leases for technology and business-essential assets to both larger organizations and smaller companies.

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