BUILD-A-BEAR WORKSHOP INC — Director's Dealing 2023

Jun 29, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BUILD-A-BEAR WORKSHOP INC (BBW)
CIK: 0001113809
Period of Report: 2023-06-27

Reporting Person: John Sharon Price (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-06-27	Common Stock	M	8559	$13.69	Acquired	611340	Direct
2023-06-27	Common Stock	S	8559	$20.25	Disposed	602781	Direct
2023-06-28	Common Stock	M	37398	$13.69	Acquired	640179	Direct
2023-06-28	Common Stock	S	37398	$20.2587	Disposed	602781	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-06-27	Employee Stock Option (right to buy)	$13.69	M	8559	Disposed	2026-03-07	Common Stock (8559)	Direct
2023-06-28	Employee Stock Option (right to buy)	$13.69	M	37398	Disposed	2026-03-07	Common Stock (37398)	Direct

Footnotes

F1: These shares were sold pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 15, 2023.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.25 to $20.29 per share. The Reporting Person undertakes to provide to Build-A-Bear Workshop, Inc., any security holder of Build-A-Bear Workshop, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.

F3: After giving effect to the transactions reported in this Form 4, Ms. John directly owns 557,380 shares of common stock and 45,401 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Ms. John holds vested options to purchase 22,029 shares of Build-A-Bear Workshop, Inc.'s common stock.

F4: The options vest in equal annual installments on March 15, 2017, March 15, 2018, and March 15, 2019.

F5: Price is not applicable to acquisitions resulting from grants of stock options.