SEC Form 4 · accession 0001140361-16-065778
BUILD-A-BEAR WORKSHOP INC · BBW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Braden Michael Leonard
Director · 10% Owner
Period of report
May 12, 2016
Accepted (ET)
May 16, 2016 · 5:01 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,F3 | May 12, 2016 | A | 5,874 | — | A | 142,043 | D | |
| Common StockF4 | holding | — | — | — | 1,458,000 | I | Holding of BML Investment Partners, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant to reporting person of 5,874 shares of restricted stock. The shares will vest on May 12, 2017.
- F2Price is not applicable to grants of restricted stock.
- F3After giving effect to the transactions reported in this Form 4, Mr. Leonard directly owns 136,169 shares of common stock and 5,874 shares of restricted stock of Build-A-Bear Workshop, Inc.
- F4BML Capital Management, LLC ("BML Capital") serves as the general partner of BML Investment Partners, L.P., a Delaware limited partnership (the "Fund"), which is the direct owner of the subject shares. Mr. Leonard is the managing member of BML Capital, and exercises investment and voting control over the subject shares. Accordingly, shares owned directly by the Fund may be regarded as being beneficially owned by Mr. Leonard. Notwithstanding, Mr. Leonard disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.