BUILD-A-BEAR WORKSHOP INC — Director's Dealing 2021

Mar 16, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BUILD-A-BEAR WORKSHOP INC (BBW)
CIK: 0001113809
Period of Report: 2021-03-15

Reporting Person: FENCL ERIC R (CAO, Gen. Counsel & Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-03-15	Common Stock	M	10568	$6.21	Acquired	261882	Direct
2021-03-15	Common Stock	S	10568	$8.44	Disposed	251314	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-03-15	Employee Stock Option (Right to Buy)	$6.21	M	10568	Disposed	2021-03-22	Common Stock (10568)	Direct

Footnotes

F1: The reporting price is the weighted average sale price per share for 9 transactions in which the sale prices range from $8.44 to $8.51 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, Mr. Fencl directly owns 151,341 shares of common stock and 99,973 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Mr. Fencl holds vested options to purchase 54,758 shares of Build-A-Bear Workshop, Inc.'s common stock.

F3: The options vested in equal annual installments over four years from the date of grant.