Cannell Capital Llc - Nov 10, 2022 Form 4 Insider Report for BUILD-A-BEAR WORKSHOP INC (BBW)

Role: 10%+ Owner
Signature: Nichole Rousseau-McAllister
Stock symbol: BBW
Transactions as of: Nov 10, 2022
Transactions value $: -$1,334,879
Form type: 4
Date filed: 11/14/2022, 04:27 PM
Previous filing: Nov 10, 2022
Next filing: Dec 2, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BBW	Build-A-Bear Workshop, Inc. Common Stock	Sale	-$117K	-6.5K	-0.4%	$18.03	1.6M	Nov 10, 2022	By partnerships and separately-managed accounts	F1, F2
transaction	BBW	Build-A-Bear Workshop, Inc. Common Stock	Sale	-$624K	-35K	-2.18%	$17.84	1.57M	Nov 10, 2022	By partnerships and separately-managed accounts	F1, F2
transaction	BBW	Build-A-Bear Workshop, Inc. Common Stock	Sale	-$266K	-15K	-0.96%	$17.70	1.55M	Nov 11, 2022	By partnerships and separately-managed accounts	F1, F2
transaction	BBW	Build-A-Bear Workshop, Inc. Common Stock	Sale	-$328K	-18.2K	-1.17%	$18.02	1.54M	Nov 14, 2022	By partnerships and separately-managed accounts	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As of November 14, 2022, Tonga Partners, LP, Tristan Partners, LP, and Tristan Offshore Fund, Ltd., and sundry separately-managed accounts advised by Cannell Capital LLC (collectively the "Cannell Investment Vehicles") owned in the aggregate 1,535,612 shares of the common stock of Build-A-Bear Workshop, Inc.
F2	Cannell Capital LLC acts as the general partner of and investment adviser to Tonga Partners, LP, and Tristan Partners, L.P. and as the investment adviser to the Tristan Offshore Fund, Ltd and the sundry separately-managed accounts. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. As such, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of Build-A-Bear Workshop, Inc. held by the Cannell Investment Vehicles. Thus, for the purposes of Reg. Section 240.13d-3, as of April November 14, 2022, Mr. Cannell beneficially owns 1,535,612 shares. Mr. Cannell's interest in the securities reported herein is limited to the extent of his pecuniary interest in each of the Cannell Investment Vehicles, if any.

Content

As of November 14, 2022, Tonga Partners, LP, Tristan Partners, LP, and Tristan Offshore Fund, Ltd., and sundry separately-managed accounts advised by Cannell Capital LLC (collectively the "Cannell Investment Vehicles") owned in the aggregate 1,535,612 shares of the common stock of Build-A-Bear Workshop, Inc.

Cannell Capital LLC acts as the general partner of and investment adviser to Tonga Partners, LP, and Tristan Partners, L.P. and as the investment adviser to the Tristan Offshore Fund, Ltd and the sundry separately-managed accounts. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. As such, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of Build-A-Bear Workshop, Inc. held by the Cannell Investment Vehicles. Thus, for the purposes of Reg. Section 240.13d-3, as of April November 14, 2022, Mr. Cannell beneficially owns 1,535,612 shares. Mr. Cannell's interest in the securities reported herein is limited to the extent of his pecuniary interest in each of the Cannell Investment Vehicles, if any.