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

Mar 10, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BUILD A BEAR WORKSHOP INC (BBW)
CIK: 0001113809
Period of Report: 2014-03-06

Reporting Person: Clark Maxine (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-06	Common Stock	M	4819	$8.78	Acquired	216935	Direct
2014-03-06	Common Stock	S	4819	$9.00	Disposed	212116	Direct
2014-03-07	Common Stock	M	9600	$8.78	Acquired	221716	Direct
2014-03-07	Common Stock	S	9600	$9.00	Disposed	212116	Direct
2014-03-10	Common Stock	M	21815	$8.78	Acquired	233931	Direct
2014-03-10	Common Stock	S	21815	$9.00	Disposed	212116	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-06	Employee Stock Option (Right to Buy)	$8.78	M	4819	Disposed	2014-03-16	Common Stock (4819)	Direct
2014-03-07	Employee Stock Option (Right to Buy)	$8.78	M	9600	Disposed	2014-03-16	Common Stock (9600)	Direct
2014-03-10	Employee Stock Option (Right to Buy)	$8.78	M	21815	Disposed	2014-03-16	Common Stock (21815)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	37402	Indirect
Common Stock	1343783	Indirect

Footnotes

F1: The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: Shares sold as part of a cashless exercise of an employee stock option.

F3: The reporting price is the weighted average sale price per share for 3 transactions in which the sale prices range from $9.00 to $9.01 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. Clark directly beneficially owns 100,701 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 35,000 shares and unvested options to purchase 42,742 shares of Build-A-Bear Workshop, Inc.'s common stock.

F5: 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.