SEC Form 4 · accession 0000950138-17-000334
BUILD-A-BEAR WORKSHOP INC · BBW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer Kretchmar
Officer — Ch. Prod. Off. and Innov. Bear
Period of report
Mar 14, 2017
Accepted (ET)
Mar 16, 2017 · 6:54 pm EDT
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 StockF1,F2 | Mar 14, 2017 | A | 20,340 | — | A | 41,257 | D | |
| Common StockF3,F4 | Mar 15, 2017 | F | 2,157 | $8.90 | D | 39,100 | D |
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)F6,F5 | $8.85 | Mar 14, 2017 | A | 7,122 | A | Mar 14, 2017 | Mar 14, 2027 | Common Stock | 7,122 | 7,122 | D |
Explanation of responses
- F1Grant to reporting person of 20,340 shares of restricted stock. The shares vest in equal annual installments on March 31, 2018, March 31, 2019 and March 31, 2020.
- F2Price is not applicable to grants of restricted stock.
- F3Shares surrendered in payment of tax withholding due upon vesting of restricted stock.
- F4After giving effect to the transactions reported in this Form 4, Ms. Kretchmar directly owns 8,042 shares of common stock and 31,058 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Ms. Kretchmar holds vested options to purchase 13,970 shares and unvested options to purchase 25,264 shares of Build-A-Bear Workshop, Inc.'s common stock.
- F5The options vest in equal annual installments on March 31, 2018, March 31, 2019 and March 31, 2020.
- F6Price is not applicable to acquisitions resulting from grants of stock options.