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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 4/2/24 |
Issuer: |
| Issuer CIK: 1113809 |
| Issuer Name: BUILD-A-BEAR WORKSHOP INC |
| Issuer Trading Symbol: BBW |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1639218 |
| | Owner Name: Hurt J. Christopher |
| Reporting Owner Address: |
| | Owner Street 1: C/O BUILD-A-BEAR WORKSHOP, INC. |
| | Owner Street 2: 415 SOUTH 18TH STREET |
| | Owner City: ST. LOUIS |
| | Owner State: MO |
| | Owner ZIP Code: 63103 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: Chief Operations Officer |
Aff 10b5 One: 0 |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/2/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,922 |
| | | Transaction Price Per Share: |
| Value: 20.47 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 81,709 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/2/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,922 |
| | | Transaction Price Per Share: |
| Value: 29.4118 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 75,787 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/2/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,000 |
| | | Transaction Price Per Share: |
| Value: 29.2862 |
| Footnote ID: F2 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 70,787 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 4/3/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 11,897 |
| | | Transaction Price Per Share: |
| Value: 29.1143 |
| Footnote ID: F3 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 58,890 |
| Footnote ID: F4 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Employee Stock Option (Right to Buy) |
| | Conversion or Exercise Price: |
| | | Value: 20.47 |
| | Transaction Date: |
| | | Value: 4/2/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,922 |
| | | Transaction Price Per Share: |
| Footnote ID: F6 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 3/15/16 |
| | | Footnote ID: F5 |
| | Expiration Date: |
| | | Value: 4/15/25 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 5,922 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.30 to $29.70, inclusive. 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. |
| Footnote - F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.25 to $29.38, inclusive. 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. |
| Footnote - F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.84 to $29.20, inclusive. 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. |
| Footnote - F4: After giving effect to the transactions reported in this Form 4, Mr. Hurt directly owns 41,216 shares of common stock and 17,674 shares of restricted stock of Build-A-Bear Workshop, Inc. |
| Footnote - F5: The options vested in equal annual installments on March 15, 2016, 2017 and 2018. |
| Footnote - F6: Price is not applicable to acquisitions resulting from grants of stock options. |
Owner Signature: |
| Signature Name: /s/ Eric R. Fencl, attorney-in-fact for J. Christopher Hurt |
| Signature Date: 4/3/24 |