Sharon Price John - Jan 17, 2023 Form 4 Insider Report for BUILD-A-BEAR WORKSHOP INC (BBW)

Signature
/s/ Eric R. Fencl, attorney-in-fact for Sharon Price John
Stock symbol
BBW
Transactions as of
Jan 17, 2023
Transactions value $
-$953,257
Form type
4
Date filed
1/19/2023, 03:12 PM
Previous filing
Dec 22, 2022
Next filing
Mar 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BBW Common Stock Options Exercise $257K +27.2K +5.25% $9.43 546K Jan 17, 2023 Direct F1
transaction BBW Common Stock Sale -$609K -25.9K -4.75% $23.51 520K Jan 17, 2023 Direct F1, F2
transaction BBW Common Stock Sale -$31.7K -1.32K -0.25% $24.12 518K Jan 17, 2023 Direct F1, F3
transaction BBW Common Stock Sale -$365K -16.1K -3.1% $22.65 502K Jan 18, 2023 Direct F1, F4
transaction BBW Common Stock Sale -$204K -8.75K -1.74% $23.37 494K Jan 18, 2023 Direct F1, F5, F6

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 -27.2K -100% $0.00* 0 Jan 17, 2023 Common Stock 27.2K $9.43 Direct F1, F7
* 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 $23.22 to $23.99, 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 $24.00 to $24.35, 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 $22.31 to $22.99, 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 $23.02 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.
F6 After giving effect to the transactions reported in this Form 4, Ms. John directly owns 397,487 shares of common stock and 96,103 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Ms. John holds vested options to purchase 144,684 shares of Build-A-Bear Workshop, Inc.'s common stock.
F7 The options vest in equal annual installments over three years from the date of the grant.