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BUILD-A-BEAR WORKSHOP INC Director's Dealing 2014

Mar 13, 2014

32281_dirs_2014-03-13_10e178fd-9692-4eb9-9cdb-f9c67b575aff.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BUILD A BEAR WORKSHOP INC (BBW)
CIK: 0001113809
Period of Report: 2014-03-12

Reporting Person: Klocke Tina (Chief Oper. & Financial Bear)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-03-12 Common Stock M 16400 $8.78 Acquired 171682 Direct
2014-03-12 Common Stock S 16400 $9.10 Disposed 155282 Direct
2014-03-13 Common Stock M 8600 $8.78 Acquired 163882 Direct
2014-03-13 Common Stock S 8600 $9.15 Disposed 155282 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-03-12 Employee Stock Option (Right to Buy) $8.78 M 16400 Disposed 2014-03-16 Common Stock (16400) Direct
2014-03-13 Employee Stock Option (Right to Buy) $8.78 M 8600 Disposed 2014-03-16 Common Stock (8600) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 100 Indirect
Common Stock 100 Indirect
Common Stock 300 Indirect

Footnotes

F1: Shares sold as part of a cashless exercise of an employee stock option.

F2: The reporting price is the weighted average sale price per share for 9 transactions in which the sale prices range from $9.10 to $9.15 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.

F3: After giving effect to the transactions reported in this Form 4, Ms. Klocke directly owns 116,483 shares of common stock and 38,799 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Ms. Klocke holds vested options to purchase 73,302 shares and unvested options to purchase 15,158 shares of Build-A-Bear Workshop, Inc.'s common stock. In addition, Ms. Klocke indirectly beneficially owns 200 shares through trusts for the benefit of two sons and 300 shares through her spouse.

F4: Under the terms of the grant, the options vested automatically upon the consummation of Build-A-Bear Workship, Inc.'s public offering on October 28, 2004.