SEC Form 4 · accession 0000950138-18-000278
BUILD-A-BEAR WORKSHOP INC · BBW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J. Christopher Hurt
Officer — Chief Operations Officer
Period of report
Mar 15, 2018
Accepted (ET)
Mar 19, 2018 · 6:02 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 15, 2018 | A | 17,442 | — | A | 48,658 | D | |
| Common StockF3,F4 | Mar 15, 2018 | F | 1,584 | $8.60 | D | 47,074 | 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 | $8.60 | Mar 15, 2018 | A | 31,926 | A | Mar 15, 2020 | Mar 15, 2023 | Common Stock | 31,926 | 31,926 | D |
Explanation of responses
- F1Grant to reporting person of 17,442 shares of restricted stock. The shares vest in equal annual installments on April 30, 2019, April 30, 2020 and April 30, 2021.
- 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, Mr. Hurt directly owns 6,796 shares of common stock and 40,278 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Mr. Hurt holds vested options to purchase 16,088 shares and unvested options to purchase 44,131 shares of Build-A-Bear Workshop, Inc.'s common stock.
- F5The options vest on March 15, 2020.
- F6Price is not applicable to acquisitions resulting from grants of stock options.