Sec Form 4 Filing - SAWDA MOUNIR N @ BUFFALO WILD WINGS INC - 2012-04-16

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
SAWDA MOUNIR N
2. Issuer Name and Ticker or Trading Symbol
BUFFALO WILD WINGS INC [ BWLD]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Managing Dir. - International
(Last) (First) (Middle)
5500 WAYZATA BLVD., SUITE 1600
3. Date of Earliest Transaction (MM/DD/YY)
04/16/2012
(Street)
MINNEAPOLIS, MN55416
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 04/16/2012( 1 ) S( 1 ) 520 D $ 84.5508 15,122 ( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SAWDA MOUNIR N
5500 WAYZATA BLVD.
SUITE 1600
MINNEAPOLIS, MN55416
Managing Dir. - International
Signatures
/s/ Julie Regnier, as Attorney-in-Fact for Mournir N. Sawda 04/18/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On April 16, 2012, the reporting person sold 520 shares of the Issuer's common stock in order to pay withholding taxes associated with an in-service distribution of 1,261 shares pursuant to the Issuer's Deferred Compensation Plan. On reports originally filed with the Securities and Exchange Commission on April 8, 2010 and February 28, 2011, the reporting person had previously reported that he was then entitled to receive these 1,261 shares upon the settlement of performance-based restricted stock units under the Issuer's 2003 Equity Incentive Plan but had elected to defer the receipt of the shares.
( 2 )Included in this amount are a total of 3,785 shares of common stock issuable in settlement of performance-based restricted stock units, the receipt of which the reporting person has elected to defer.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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