Sharon Price John - Oct 4, 2021 Form 4 Insider Report for BUILD-A-BEAR WORKSHOP INC (BBW)

Signature
/s/ Eric R. Fencl, attorney-in-fact for Sharon Price John
Stock symbol
BBW
Transactions as of
Oct 4, 2021
Transactions value $
-$1,097,203
Form type
4
Date filed
10/6/2021, 08:43 PM
Previous filing
Sep 3, 2021
Next filing
Oct 8, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBW Common Stock Options Exercise $332K +50.5K +8.79% $6.56 625K Oct 4, 2021 Direct F1
transaction BBW Common Stock Sale -$337K -20K -3.19% $16.87 605K Oct 4, 2021 Direct F1, F2
transaction BBW Common Stock Sale -$349K -20.5K -3.39% $16.97 585K Oct 4, 2021 Direct F1, F3
transaction BBW Common Stock Options Exercise $228K +34.8K +5.96% $6.56 620K Oct 5, 2021 Direct F1
transaction BBW Common Stock Sale -$595K -34.8K -5.62% $17.09 585K Oct 5, 2021 Direct F1, F4
transaction BBW Common Stock Options Exercise $247K +37.6K +6.43% $6.56 622K Oct 6, 2021 Direct F1
transaction BBW Common Stock Sale -$623K -37.6K -6.04% $16.58 585K Oct 6, 2021 Direct F1, F5, F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BBW Employee Stock Option (Right to Buy) Options Exercise $0 -50.5K -11.98% $0.00 371K Oct 4, 2021 Common Stock 50.5K $6.56 Direct F1, F7
transaction BBW Employee Stock Option (Right to Buy) Options Exercise $0 -34.8K -9.38% $0.00 337K Oct 5, 2021 Common Stock 34.8K $6.56 Direct F1, F7
transaction BBW Employee Stock Option (Right to Buy) Options Exercise $0 -37.6K -11.17% $0.00 299K Oct 6, 2021 Common Stock 37.6K $6.56 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The reporting price is the weighted average sale price per share for 30 transactions in which the sale prices range from $16.69 to $17.23 per share. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate sale price upon request of the Securities and Exchange Commission staff, the issuer or any security holder of the issuer.
F3 The reporting price is the weighted average sale price per share for 35 transactions in which the sale prices range from $16.80 to $17.09 per share. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate sale price upon request of the Securities and Exchange Commission staff, the issuer or any security holder of the issuer.
F4 The reporting price is the weighted average sale price per share for 62 transactions in which the sale prices range from $16.80 to $17.45 per share. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate sale price upon request of the Securities and Exchange Commission staff, the issuer or any security holder of the issuer.
F5 The reporting price is the weighted average sale price per share for 65 transactions in which the sale prices range from $16.25 to $17.03 per share. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate sale price upon request of the Securities and Exchange Commission staff, the issuer or any security holder of the issuer.
F6 After giving effect to the transactions reported in this Form 4, Ms. John directly owns 372,396 shares of common stock and 212,339 of restricted stock of Build-A-Bear Workshop, Inc. In addition, Ms. John holds vested options to purchase 299,007 shares of Build-A-Bear Workshop, Inc.'s common stock.
F7 The options vested in equal annual installments over four years from the date of the grant.