George Carrara - Jun 8, 2023 Form 4 Insider Report for BUILD-A-BEAR WORKSHOP INC (BBW)

Role
Director
Signature
/s/ Eric R. Fencl, as Attorney-in-Fact for George Carrara
Stock symbol
BBW
Transactions as of
Jun 8, 2023
Transactions value $
-$61,632
Form type
4
Date filed
6/12/2023, 04:23 PM
Previous filing
Mar 15, 2023
Next filing
Sep 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBW Common Stock Award $0 +4.19K +18.29% $0.00 27.1K Jun 8, 2023 Direct F1, F2
transaction BBW Common Stock Sale -$61.6K -3K -11.08% $20.54 24.1K Jun 9, 2023 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant to Reporting Person of 4,186 shares of restricted stock. The shares vest on June 8, 2024.
F2 Price is not applicable to grants of restricted stock.
F3 These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person prior to the effectiveness of the revised requirements of Rule 10b5-1(c). In compliance with SEC guidance, the Reporting Person has not checked the box above but states that the Rule 10b5-1 trading plan is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.33 to $21.15 per share. 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 After giving effect to the transactions reported in this Form 4, Mr. Carrara directly beneficially owns 19,887 shares of common stock and 4,186 shares of restricted stock of Build-A-Bear Workshop, Inc. 4,090 restricted shares vested on June 9, 2023, a day after the earliest reported transaction. For purposes of this footnote, we have included these 4,090 shares as common stock instead of restricted, making this footnote accurate as of the date of filing.