UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): April 30, 2014
Winmark Corporation
(Exact Name of Registrant as Specified in Its Charter)
Minnesota
(State or Other Jurisdiction of Incorporation)
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000-22012 |
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41-1622691 |
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(Commission File Number) |
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(I.R.S. Employer Identification Number) |
605 Highway 169 North, Suite 400, Minneapolis, Minnesota 55441
(Address of Principal Executive Offices) (Zip Code)
(763) 520-8500
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.07 Submission of Matters to a Vote of Security Holders
(a-b) At the Annual Shareholders meeting held on April 30, 2014, 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 seven:
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FOR: |
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3,715,670 |
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AGAINST: |
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417 |
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ABSTAIN: |
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5,188 |
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BROKER NON-VOTE: |
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453,042 |
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2. Election of Directors:
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NOMINEE |
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FOR |
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WITHHOLD |
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BROKER |
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John L. Morgan |
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3,619,213 |
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101,362 |
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453,042 |
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Lawrence A. Barbetta |
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3,620,846 |
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99,729 |
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453,042 |
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Jenele C. Grassle |
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3,620,067 |
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100,508 |
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453,042 |
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Kirk A. MacKenzie |
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3,619,987 |
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100,588 |
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453,042 |
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Paul C. Reyelts |
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3,620,068 |
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100,507 |
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453,042 |
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Mark L. Wilson |
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3,620,068 |
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100,507 |
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453,042 |
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Steven C. Zola |
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3,619,736 |
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100,839 |
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453,042 |
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3. Approve an amendment to the 2010 Stock Option Plan to increase the shares available from 250,000 to 500,000 and include a per annum limitation on the number of options granted to any one individual:
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FOR: |
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3,573,863 |
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AGAINST: |
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145,650 |
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ABSTAIN: |
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1,762 |
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BROKER NON-VOTE: |
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453,042 |
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4. Approve an amendment to the Stock Option Plan for Nonemployee Directors to increase the shares available from 300,000 to 350,000:
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FOR: |
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3,601,660 |
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AGAINST: |
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117,653 |
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ABSTAIN: |
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1,962 |
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BROKER NON-VOTE: |
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453,042 |
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5. Ratify the appointment of GRANT THORNTON, LLP as independent registered public accounting firm for the 2014 fiscal year.
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FOR: |
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4,167,598 |
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AGAINST: |
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3,208 |
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ABSTAIN: |
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3,511 |
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BROKER NON-VOTE: |
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0 |
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Item 7.01 Regulation FD Disclosure
On April 30, 2014, 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 $0.06 per share will be paid on June 2, 2014 to shareholders of record on the close of business on May 14, 2014. 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 8.01 Other Events
On April 30, 2014, 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 $0.06 per share will be paid on June 2, 2014 to shareholders of record on the close of business on May 14, 2014. 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 9.01 Financial Statements and Exhibits
(d) Exhibits
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99.1 |
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Press Release dated April 30, 2014 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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WINMARK CORPORATION | |
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Date: May 1, 2014 |
By: |
/s/Anthony D. Ishaug |
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Anthony D. Ishaug |
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Chief Financial Officer and Treasurer |