SEC Form 4 · accession 0000950138-15-000161

BUILD-A-BEAR WORKSHOP INC · BBW

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Tina Klocke

Officer — Chief Oper. Bear

Period of report

Feb 24, 2015

Accepted (ET)

Feb 26, 2015 · 4:16 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001113809

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Feb 24, 2015	M	8,600	$5.11	A	174,116	D
Common Stock^F1,F2	Feb 24, 2015	S	8,600	$20.09	D	165,516	D
Common Stock	Feb 25, 2015	M	28,108	$5.11	A	193,624	D
Common Stock	Feb 25, 2015	M	29,872	$6.59	A	223,496	D
Common Stock	Feb 25, 2015	M	11,535	$6.21	A	235,031	D
Common Stock^F1,F3,F4	Feb 25, 2015	S	69,515	$20.14	D	165,516	D
Common Stock	holding	—	—		—	100	I	Trust - Son James
Common Stock	holding	—	—		—	100	I	Trust - Son Michael
Common Stock	holding	—	—		—	300	I	Spouse

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (Right to Buy)^F5	$5.11	Feb 24, 2015	M	8,600	D	—	Mar 17, 2019	Common Stock	8,600	28,108	D
Employee Stock Option (Right to Buy)^F5	$5.11	Feb 25, 2015	M	28,108	D	—	Mar 17, 2019	Common Stock	28,108	0	D
Employee Stock Option (Right to Buy)^F6	$6.59	Feb 25, 2015	M	29,872	D	—	Mar 23, 2020	Common Stock	29,872	0	D
Employee Stock Option (Right to Buy)^F7	$6.21	Feb 25, 2015	M	11,535	D	—	Mar 22, 2021	Common Stock	11,535	3,845	D

Explanation of responses

F1Shares sold as part of cashless exercises of employee stock options.
F2The reporting price is the weighted average sale price per share for 12 transactions in which the sale prices range from $20.00 to $20.37 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.
F3The reporting price is the weighted average sale price per share for 53 transactions in which the sale prices range from $20.00 to $20.53 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.
F4After giving effect to the transactions reported in this Form 4, Ms. Klocke directly owns 127,500 shares of common stock and 38,016 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Ms. Klocke holds vested options to purchase 6,500 shares and unvested options to purchase 17,987 shares of Build-A-Bear Workshop, Inc.'s common stock. In addition, Ms. Klocke indirectly beneficially owns 200 shares through trusts for the benefit of two sons and 300 shares through her spouse.
F5Under the terms of the grant, the options vested in four equal annual installments beginning on March 17, 2010, which was the first anniversary of the date of the grant.
F6Under the terms of the grant, the options vested in four equal annual installments beginning on March 23, 2011, which was the first anniversary of the date of the grant.
F7Under the terms of the grant, the options vested in four equal annual installments beginning on March 22, 2012, which was the first anniversary of the date of the grant.