Eric R. Fencl - 06 Dec 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
06 Dec 2022
Net transactions value
-$437,741
Form type
4
Filing time
08 Dec 2022, 15:08:46 UTC
Previous filing
03 May 2022
Next filing
15 Mar 2023
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 $178,203 +13,017 +5.9% $13.69 233,380 06 Dec 2022 Direct
transaction BBW Common Stock Sale $326,245 -13,017 -5.6% $25.06 220,363 06 Dec 2022 Direct F1
transaction BBW Common Stock Sale $289,698 -11,582 -5.3% $25.01 208,781 06 Dec 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 -13,017 -100% $0.000000* 0 06 Dec 2022 Common Stock 13,017 $13.69 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 $24.895 to $25.375, 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 $24.60 to $25.30, 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.
F3 After giving effect to the transactions reported in this Form 4, Mr. Fencl directly owns 173,544 shares of common stock and 35,237 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Mr. Fencl holds vested options to purchase 4,974 shares of Build-A-Bear Workshop, Inc.'s common stock.
F4 The options vest in equal annual installments over three years from the date of grant.