Vojin Todorovic - Aug 24, 2023 Form 4 Insider Report for BUILD-A-BEAR WORKSHOP INC (BBW)

Signature
/s/ Eric R. Fencl, attorney-in-fact for Vojin Todorovic
Stock symbol
BBW
Transactions as of
Aug 24, 2023
Transactions value $
-$660,003
Form type
4
Date filed
8/24/2023, 05:28 PM
Previous filing
Aug 10, 2023
Next filing
Apr 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBW Common Stock Sale -$660K -23.2K -17.33% $28.50 110K Aug 24, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 15, 2023.
F2 After giving effect to the transactions reported in this Form 4, Mr. Todorovic directly owns 92,819 shares of common stock and 17,674 shares of restricted stock of Build-A-Bear Workshop, Inc.