Vojin Todorovic - Jan 11, 2022 Form 4 Insider Report for BUILD-A-BEAR WORKSHOP INC (BBW)

Role
Chief Financial Officer
Signature
/s/ Eric R. Fencl, attorney-in-fact for Vojin Todorovic
Stock symbol
BBW
Transactions as of
Jan 11, 2022
Transactions value $
-$89,008
Form type
4
Date filed
1/13/2022, 03:08 PM
Previous filing
Oct 8, 2021
Next filing
Apr 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBW Common Stock Options Exercise $53.3K +6.2K +3.31% $8.60 194K Jan 11, 2022 Direct
transaction BBW Common Stock Sale -$104K -4.5K -2.32% $23.00 189K Jan 11, 2022 Direct F1, F2
transaction BBW Common Stock Sale -$38.8K -1.7K -0.9% $22.84 187K Jan 11, 2022 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 -6.2K -21.53% $0.00 22.6K Jan 11, 2022 Common Stock 6.2K $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 $22.69 to $23.23, inclusive, including a trading adjustment of $2.15 per share paid to the Reporting Person in connection with the transaction as a result of broker error. 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 $22.54 to $23.18, 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. Todorovic directly owns 124,344 shares of common stock and 63,089 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Mr. Todorovic holds vested options to purchase 60,497 shares of Build-A-Bear Workshop, Inc.'s common stock.
F5 The options vested on March 15, 2020.