Vojin Todorovic - 30 Nov 2022 Form 4 Insider Report for BUILD-A-BEAR WORKSHOP INC (BBW)

Signature
/s/ Eric R. Fencl, attorney-in-fact for Vojin Todorovic
Issuer symbol
BBW
Transactions as of
30 Nov 2022
Net transactions value
-$740,878
Form type
4
Filing time
02 Dec 2022, 15:36:48 UTC
Previous filing
21 Oct 2022
Next filing
09 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBW Common Stock Options Exercise $33,370 +2,640 +1.4% $12.64 188,583 30 Nov 2022 Direct
transaction BBW Common Stock Sale $60,779 -2,640 -1.4% $23.02 185,943 30 Nov 2022 Direct F1, F2
transaction BBW Common Stock Options Exercise $305,479 +22,314 +12% $13.69 208,257 30 Nov 2022 Direct
transaction BBW Common Stock Sale $524,397 -22,314 -11% $23.50 185,943 30 Nov 2022 Direct F1, F3
transaction BBW Common Stock Options Exercise $63,030 +7,122 +3.8% $8.85 193,065 30 Nov 2022 Direct
transaction BBW Common Stock Sale $164,352 -7,122 -3.7% $23.08 185,943 30 Nov 2022 Direct F1, F4
transaction BBW Common Stock Sale $142,266 -5,918 -3.2% $24.04 180,025 01 Dec 2022 Direct F1, F5
transaction BBW Common Stock Sale $226,313 -9,310 -5.2% $24.31 170,715 01 Dec 2022 Direct F1, F6
transaction BBW Common Stock Options Exercise $121,181 +5,826 +3.4% $20.80 176,541 02 Dec 2022 Direct
transaction BBW Common Stock Sale $145,829 -5,826 -3.3% $25.03 170,715 02 Dec 2022 Direct F1, F7, F8

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 -2,640 -100% $0.000000* 0 30 Nov 2022 Common Stock 2,640 $12.64 Direct F9
transaction BBW Employee Stock Option (Right to Buy) Options Exercise $0 -22,314 -100% $0.000000* 0 30 Nov 2022 Common Stock 22,314 $13.69 Direct F9
transaction BBW Employee Stock Option (Right to Buy) Options Exercise $0 -7,122 -100% $0.000000* 0 30 Nov 2022 Common Stock 7,122 $8.85 Direct F10
transaction BBW Employee Stock Option (Right to Buy) Options Exercise $0 -5,826 -100% $0.000000* 0 02 Dec 2022 Common Stock 5,826 $20.80 Direct F9
* 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 $23.00 to $23.09, 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 $23.50 to $23.53, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.00 to $23.20, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.00 to $24.30, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.185 to $24.40, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.00 to $25.12, 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.
F8 After giving effect to the transactions reported in this Form 4, Mr. Todorovic directly owns 132,274 shares of common stock and 38,441 shares of restricted stock of Build-A-Bear Workshop, Inc.
F9 The options vest in equal annual installments over three years from the date of the grant.
F10 The options vest in equal annual installments on March 31, 2018, March 31, 2019 and March 31, 2020.