Eric R. Fencl - 02 Dec 2021 Form 4 Insider Report for BUILD-A-BEAR WORKSHOP INC (BBW)

Role
CAO, Gen. Counsel & Secretary
Signature
/s/ Eric R. Fencl
Issuer symbol
BBW
Transactions as of
02 Dec 2021
Net transactions value
-$498,292
Form type
4
Filing time
03 Dec 2021, 15:12:38 UTC
Previous filing
08 Oct 2021
Next filing
09 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBW Common Stock Options Exercise $219,653 +25,541 +10% $8.60 274,896 02 Dec 2021 Direct
transaction BBW Common Stock Sale $561,922 -25,541 -9.3% $22.00 249,355 02 Dec 2021 Direct F1, F2
transaction BBW Common Stock Sale $156,022 -7,091 -2.8% $22.00 242,264 02 Dec 2021 Direct F1, F3, F4

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 -25,541 -100% $0.000000* 0 02 Dec 2021 Common Stock 25,541 $8.60 Direct F5
* 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.02, inclusive. The Reporting Person undertakes to provide to Build-A-Bear Workshop, Inc., any security holder of Build-A-Bear Workshop, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.00 to $22.02, inclusive. The Reporting Person undertakes to provide to Build-A-Bear Workshop, Inc., any security holder of Build-A-Bear Workshop, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F4 After giving effect to the transactions reported in this Form 4, Mr. Fencl directly owns 185,920 shares of common stock and 56,344 of restricted stock of Build-A-Bear Workshop, Inc. In addition, Mr. Fencl holds vested options to purchase 29,217 shares of Build-A-Bear Workshop, Inc.'s common stock.
F5 The options vested on March 15, 2020.