BUILD-A-BEAR WORKSHOP INC — Director's Dealing 2013

Nov 18, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BUILD A BEAR WORKSHOP INC (BBW)
CIK: 0001113809
Period of Report: 2013-11-15

Reporting Person: Kroll Teresa (Ch. Mkt. & Ent. Bear)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-11-15	Common Stock	M	10000	$8.78	Acquired	31039	Direct
2013-11-15	Common Stock	S	10000	$9.89	Disposed	21039	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-11-15	Employee Stock Option (Right to Buy)	$8.78	M	10000	Disposed	2014-03-16	Common Stock (10000)	Direct

Footnotes

F1: Exercise of stock options exempt under Rule 16b-3.

F2: Such shares sold as part of a cashless exercise of employee stock options.

F3: The reporting price is the weighted average sale price per share for 44 transactions in which the sale prices range from $9.80 to $10.07 per share. The Reporting Person undertakes to provide full information regarding the number of shares sold at each separate sale price upon request of the Securities and Exchange Commission staff, the issuer or any security holder of the issuer.

F4: After giving effect to the transactions reported in this Form 4, Ms. Kroll directly beneficially owns 0 shares of common stock and 21,039 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Ms. Kroll holds vested options to purchase 6,500 shares and unvested options to purchase 7,206 shares of Build-A-Bear Workshop, Inc. common stock.

F5: Under the terms of the grant, the options vest in four equal installments beginning on March 16, 2005, which was the first anniversary of the date of the grant. All remaining unexercisable options vested and became immediately exercisable in connection with the issuer's initial public offering on October 27, 2004.