J. Christopher Hurt - Jun 6, 2022 Form 4 Insider Report for BUILD-A-BEAR WORKSHOP INC (BBW)

Role
Chief Ops&Experience Officer
Signature
/s/ Eric R. Fencl, attorney-in-fact for J. Christopher Hurt
Stock symbol
BBW
Transactions as of
Jun 6, 2022
Transactions value $
-$697,934
Form type
4
Date filed
6/8/2022, 04:13 PM
Previous filing
May 3, 2022
Next filing
Mar 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBW Common Stock Options Exercise $209K +15.2K +11.86% $13.69 144K Jun 6, 2022 Direct
transaction BBW Common Stock Options Exercise $63K +7.12K +4.95% $8.85 151K Jun 6, 2022 Direct
transaction BBW Common Stock Sale -$433K -22.4K -14.82% $19.37 129K Jun 6, 2022 Direct F1
transaction BBW Common Stock Sale -$536K -27.9K -21.73% $19.20 101K Jun 6, 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 -15.2K -100% $0.00* 0 Jun 6, 2022 Common Stock 15.2K $13.69 Direct F4
transaction BBW Employee Stock Option (Right to Buy) Options Exercise $0 -7.12K -100% $0.00* 0 Jun 6, 2022 Common Stock 7.12K $8.85 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting price is the weighted average sale price per share for 11 transactions in which the sale prices range from $19.35 to $19.405 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.
F2 The reporting price is the weighted average sale price per share for 78 transactions in which the sale prices range from $19.00 to $19.615 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 After giving effect to the transactions reported in this Form 4, Mr. Hurt directly owns 62,198 shares of common stock and 38,441 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Mr. Hurt holds vested options to purchase 5,922 shares of Build-A-Bear Workshop, Inc.'s common stock.
F4 The options vested in equal annual installments over three years from the March 7, 2016 date of grant.
F5 The options vested in equal installments on March 31, 2018, March 31, 2019 and March 31, 2020.