BUILD-A-BEAR WORKSHOP INC — Director's Dealing 2016

Mar 9, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BUILD A BEAR WORKSHOP INC (BBW)
CIK: 0001113809
Period of Report: 2016-03-07

Reporting Person: Kretchmar Jennifer (Ch. Prod. Off. and Innov. Bear)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-03-07	Common Stock	A	10956	—	Acquired	20691	Direct
2016-03-07	Common Stock	A	1833	—	Acquired	22524	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-03-07	Employee Stock Option (Right to Buy)	$13.69	A	22314	Acquired	2026-03-07	Common Stock (22314)	Direct

Footnotes

F1: Grant to reporting person of 10,956 shares of restricted stock. The shares vest in equal annual installments over three years from the date of grant.

F2: Price is not applicable to grants of restricted stock.

F3: Grant to reporting person of 1,833 shares of restricted stock upon payout of earned performance share award under shareholder-approved benefit plan. The payout was based on the level of achievement of financial targets for the performance period ended January 2, 2016. The shares vest in equal annual installments on March 15, 2016, March 15, 2017 and March 15, 2018.

F4: After giving effect to the transactions reported in this Form 4, Ms. Kretchmar directly owns 1,721 shares of common stock and 20,803 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Ms. Kretchmar holds vested options to purchase 1,324 shares and unvested options to purchase 30,788 shares of Build-A-Bear Workshop, Inc.'s common stock.

F5: The options vest in equal annual installments over three years from the date of the grant.

F6: Price is not applicable to acquisitions resulting from grants of stock options.