X0305 4 2012-05-15 0001062449 BUFFALO WILD WINGS INC BWLD 0001265910 SCHMIDT JAMES M 5500 WAYZATA BLVD. SUITE 1600 MINNEAPOLIS MN 55416 1 Chief Operating Officer Common Stock 2012-05-15 4 S 0 1250 84.04 D 36450 D Sales effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 16, 2012. Included in this amount are 8,212 shares of common stock issuable in settlement of performance restricted stock units, the receipt of which the reporting person has elected to defer, and 2,808 restricted stock units which will vest in their entirety on March 15, 2012 and be settled at that time on a one for one basis in shares of the Company's common stock. Exhibit List Exhibit 24-Power of Attorney /s/ Julie Regnier, as Attorney-in-Fact for James M. Schmidt 2012-05-17