SEC Form 4 · accession 0000950138-18-000516
BUILD-A-BEAR WORKSHOP INC · BBW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric R Fencl
Officer — CAO, Gen. Counsel & Secretary
Period of report
Sep 4, 2018
Accepted (ET)
Sep 6, 2018 · 5:43 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 Stock | Sep 4, 2018 | M | 19,596 | $5.11 | A | 172,858 | D | |
| Common StockF3,F4 | Sep 4, 2018 | S | 19,596 | $9.21 | D | 153,262 | 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)F2 | $5.11 | Sep 4, 2018 | M | 19,596 | D | — | Mar 17, 2019 | Common Stock | 19,596 | 0 | D |
Explanation of responses
- F1The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2The options vested in equal annual installments over four years from the date of grant.
- F3The reporting price is the weighted average sale price per share for 6 transactions in which the sale prices range from $9.10 to $9.30 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, Mr. Fencl directly owns 129,011 shares of common stock and 24,251 shares of restricted stock of Build-A-Bear Workshop, Inc. In addition, Mr. Fencl holds vested options to purchase 49,456 shares and unvested options to purchase 33,046 shares of Build-A-Bear Workshop, Inc.'s common stock.