Cannell Capital LLC's Form 4/A amendment
AmendedBuild-A-Bear Workshop Inc (BBW) · filed Nov 10, 2022
- Accession no.
- 0001058854-22-000037
- Filed
- Nov 10, 2022
- Trade date
- Nov 7-9, 2022
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Nov 9, 2022
This filing lists 3 non-derivative transactions. Open-market sales total $992.9K. It was filed 3 days after the trade.
This amendment replaces 0001058854-22-000036 (filed Nov 9, 2022).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Cannell Capital LLCCIK 0001058854 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 7, 2022 | Build-A-Bear Workshop, Inc. Common Stock | SSaleDisposed | −25,000 | $17.67 | −$441,750 | 1,642,034 | Indirect | |
| Nov 8, 2022 | Build-A-Bear Workshop, Inc. Common Stock | SSaleDisposed | −25,000 | $17.48 | −$437,000 | 1,617,034 | Indirect | |
| Nov 9, 2022 | Build-A-Bear Workshop, Inc. Common Stock | SSaleDisposed | −6,732 | $16.96 | −$114,174.72 | 1,610,302 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
As of November 9, 2022, Tonga Partners, LP, Tristan Partners, LP, and Tristan Offshore Fund, Ltd., and sundry separately-managed accounts advised by Cannell Capital LLC (collectively the "Cannell Investment Vehicles") owned in the aggregate 1,610,302 shares of the common stock of Build-A-Bear Workshop, Inc.
- F2
Cannell Capital LLC acts as the general partner of and investment adviser to Tonga Partners, LP, and Tristan Partners, L.P. and as the investment adviser to the Tristan Offshore Fund, Ltd and the sundry separately-managed accounts. J. Carlo Cannell is the sole managing member of Cannell Capital LLC. As such, Mr. Cannell possesses sole power to vote and direct the disposition of all securities of Build-A-Bear Workshop, Inc. held by the Cannell Investment Vehicles. Thus, for the purposes of Reg. Section 240.13d-3, as of April November 9, 2022, Mr. Cannell beneficially owns 1,610,302 shares. Mr. Cannell's interest in the securities reported herein is limited to the extent of his pecuniary interest in each of the Cannell Investment Vehicles, if any.
- F3
Cannell Capital LLC files this Form 4 Amendment to correct its November 9, 2022 Form 4 filing which incorrectly used the P Transaction Code for the November 9, 2022 disposal of 6,732 shares. The correct Transaction Code for the November 9, 2022 disposal is S.