Eric R. Fencl - 18 Mar 2022 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
18 Mar 2022
Net transactions value
-$243,328
Form type
4
Filing time
22 Mar 2022, 16:10:35 UTC
Previous filing
09 Dec 2021
Next filing
14 Apr 2022
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 $42,029 +4,749 +2% $8.85 236,624 18 Mar 2022 Direct
transaction BBW Common Stock Sale $89,022 -4,749 -2% $18.75 231,875 18 Mar 2022 Direct F1
transaction BBW Common Stock Sale $196,335 -10,589 -4.6% $18.54 221,286 18 Mar 2022 Direct F2, F3

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 -4,749 -100% $0.000000* 0 18 Mar 2022 Common Stock 4,749 $8.85 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.65 to $18.80, 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.31 to $18.75, 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 After giving effect to the transactions reported in this Form 4, Mr. Fencl directly owns 164,942 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 17,991 shares of Build-A-Bear Workshop, Inc.'s common stock.
F4 The options vested one-third on each of March 31, 2018, March 31, 2019 and March 31, 2020.