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

Sep 6, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BUILD A BEAR WORKSHOP INC (BBW)
CIK: 0001113809
Period of Report: 2013-09-04

Reporting Person: Clark Maxine (Director, Founder, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-04	Common Stock	M	105016	$5.11	Acquired	407742	Direct
2013-09-04	Common Stock	S	87626	$6.92	Disposed	320116	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-04	Employee Stock Option (Right to Buy)	$5.11	M	105016	Disposed	2019-03-17	Common Stock (105016)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	37402	Indirect
Common Stock	1343783	Indirect

Footnotes

F1: Shares sold as part of a cashless exercise of an employee stock option. The reporting price is the weighted average sale price per share for 169 transactions in which the sale prices range from $6.90 to $7.10 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.

F2: After giving effect to the transactions reported in this Form 4, Ms. Clark directly beneficially owns 208,701 shares of common stock and 111,415 shares of restricted stock along with 37,402 shares indirectly through her spouse and 1,343,783 shares indirectly through Smart Stuff, Inc. of Build-A-Bear Workshop, Inc. In addition, Ms. Clark holds vested options to purchase 155,048 shares and unvested options to purchase 42,742 shares of Build-A-Bear Workshop, Inc.'s common stock.

F3: Under the terms of the grant, the options vested in four equal annual installments beginning on March 17, 2010, which was the first anniversary of the date of the grant.