Sec Form 4 Filing - John Sharon Price @ BUILD-A-BEAR WORKSHOP INC - 2021-10-07

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
John Sharon Price
2. Issuer Name and Ticker or Trading Symbol
BUILD-A-BEAR WORKSHOP INC [ BBW]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
C/O BUILD-A-BEAR WORKSHOP, INC., 415 SOUTH 18TH STREET
3. Date of Earliest Transaction (MM/DD/YY)
10/07/2021
(Street)
ST. LOUIS, MO63103
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 10/07/2021 M( 1 ) 72,564 A $ 6.56 637,177 D
Common Stock 10/07/2021 S( 1 ) 72,564 D $ 16.6 ( 2 ) 564,613 D
Common Stock 10/08/2021 M( 1 ) 21,974 A $ 8.6 586,587 D
Common Stock 10/08/2021 S( 1 ) 21,974 D $ 16.75 ( 3 ) 564,613 D
Common Stock 10/11/2021 M( 1 ) 2,993 A $ 8.6 567,606 D
Common Stock 10/11/2021 S( 1 ) 2,993 D $ 16.22 ( 4 ) 564,613 ( 5 ) 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
Employee Stock Option (Right to Buy) $ 6.56 10/07/2021 M( 1 ) 72,564 06/03/2013( 6 ) 06/03/2023 Common Stock 72,564 $ 0 226,443 D
Employee Stock Option (Right to Buy) $ 8.6 10/08/2021 M( 1 ) 21,974 03/15/2020( 7 ) 03/15/2023 Common Stock 21,974 $ 0 204,469 D
Employee Stock Option (Right to Buy) $ 8.6 10/11/2021 M( 1 ) 2,993 03/15/2020( 7 ) 03/15/2023 Common Stock 2,993 $ 0 201,476 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
John Sharon Price
C/O BUILD-A-BEAR WORKSHOP, INC.
415 SOUTH 18TH STREET
ST. LOUIS, MO63103
X President and CEO
Signatures
/s/ Eric R. Fencl, attorney-in-fact for Sharon Price John 10/11/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
( 2 )The reporting price is the weighted average sale price per share for 59 transactions in which the sale prices range from $16.39 to $17.01 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.
( 3 )The reporting price is the weighted average sale price per share for 27 transactions in which the sale prices range from $16.65 to $16.92 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.
( 4 )The reporting price is the weighted average sale price per share for 19 transactions in which the sale prices range from $16.00 to $16.56 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.
( 5 )After giving effect to the transactions reported in this Form 4, Ms. John directly owns 397,238 shares of common stock and 167,375 of restricted stock of Build-A-Bear Workshop, Inc. In addition, Ms. John holds vested options to purchase 201,476 shares of Build-A-Bear Workshop, Inc.'s common stock.
( 6 )The options vested in equal annual installments over four years from the date of the grant.
( 7 )The options vested on March 15, 2020.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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