X0303 4 2011-07-01 0001113809 BUILD A BEAR WORKSHOP INC BBW 0001306314 Clark Maxine C/O BUILD-A-BEAR WORKSHOP, INC. 1954 INNERBELT BUSINESS CENTER DRIVE ST. LOUIS MO 63114 1 1 1 0 CEBear & Chairman of the Board Common Stock 2011-07-01 4 S 0 65000 6.32 D 1648783 I Smart Stuff Inc. Common Stock 327032 D Common Stock 37402 I Spouse The sale was effected pursuant to a Rule 10b-5-1 trading plan adopted by the Reporting Person. The reporting price is the weighted average sale price per share for 25 transactions in which the sale prices range from $6.23 to $6.50 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. After giving effect to the transactions reported in this Form 4, Ms. Clark directly beneficially owns 85,681 shares of common stock and 241,351 shares of restricted stock along with 37,402 shares indirectly through her spouse and 1,648,783 shares indirectly through Smart Stuff, Inc. of Build-A-Bear Workshop, Inc. In addition, Ms. Clark holds vested options to purchase 189,278 shares and unvested options to purchase 158,528 shares of Build-A-Bear Workshop, Inc.'s common stock. /s/ Maxine Clark 2011-07-01