Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Clark Maxine
   2. Issuer Name and Ticker or Trading Symbol
BUILD A BEAR WORKSHOP INC [BBW] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CEBear & Chairman of the Board
(Last)
(First)
(Middle)
C/O BUILD-A-BEAR WORKSHOP, INC., 1954 INNERBELT BUSINESS CENTRE DRIVE		 3. Date of Earliest Transaction (Month/Day/Year)
11/02/2004
(Street)

ST. LOUIS, MO 63114		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock               274,915 D  
Common Stock 11/02/2004   C   3,418,306 A (1) 3,418,306 I Smart Stuff, Inc.
Common Stock 11/02/2004   S   452,942 D $ 18.6 2,965,364 I Smart Stuff, Inc.
Common Stock 11/02/2004   C   223,131 A (1) 223,131 I Clark/Fox, L.L.C.
Common Stock 11/02/2004   C   258,686 A (1) 481,817 I Clark/Fox, L.L.C.
Common Stock 11/02/2004   C   78,694 A (1) 560,511 I Clark/Fox, L.L.C.
Common Stock 11/02/2004   C   91,335 A (1) 651,846 I Clark/Fox, L.L.C.
Common Stock 11/02/2004   S   267,006 D $ 18.6 384,840 I Clark/Fox, L.L.C.
Common Stock 11/02/2004   C   177,061 A (1) 177,061 I Clark/Fox II, L.L.C.
Common Stock 11/02/2004   C   493,334 A (1) 670,395 I Clark/Fox II, L.L.C.
Common Stock 11/02/2004   S   274,603 D $ 18.6 395,792 I Clark/Fox II, L.L.C.
Common Stock 11/02/2004   C   130,918 A (1) 130,918 I Clark/Fox III, L.L.C.
Common Stock 11/02/2004   S   53,626 D $ 18.6 77,292 I Clark/Fox III, L.L.C.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Series C-1 Convertible Preferred Stock (3) 11/02/2004   C     3,418,306   (2)   (2) Common Stock 3,418,306 (1) 0 I Smart Stuff, Inc.
Series A-5 Convertible Preferred Stock (4) 11/02/2004   C     171,200   (2)   (2) Common Stock 223,131 (1) 0 I Clark/Fox, L.L.C.
Series B-4 Convertible Preferred Stock (3) 11/02/2004   C     258,686   (2)   (2) Common Stock 258,686 (1) 0 I Clark/Fox, L.L.C.
Series D-1 Convertible Preferred Stock (5) 11/02/2004   C     65,574   (2)   (2) Common Stock 78,694 (1) 0 I Clark/Fox, L.L.C.
Series D-2 Convertible Preferred Stock (6) 11/02/2004   C     76,828   (2)   (2) Common Stock 91,335 (1) 0 I Clark/Fox, L.L.C.
Series D-1 Convertible Preferred Stock (5) 11/02/2004   C     147,541   (2)   (2) Common Stock 177,061 (1) 0 I Clark/Fox II, L.L.C.
Series D-2 Convertible Preferred Stock (6) 11/02/2004   C     414,976   (2)   (2) Common Stock 493,334 (1) 0 I Clark/Fox II, L.L.C.
Series D-3 Convertible Preferred Stock (7) 11/02/2004   C     110,656   (2)   (2) Common Stock 130,918 (1) 0 I Clark/Fox III, L.L.C.

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Clark Maxine
C/O BUILD-A-BEAR WORKSHOP, INC.
1954 INNERBELT BUSINESS CENTRE DRIVE
ST. LOUIS, MO 63114		       CEBear & Chairman of the Board  
Clark/Fox, L.L.C.
1954 INNERBELT BUSINESS CENTRE DRIVE
ST. LOUIS, MO 63114		     X    
CLARK FOX II LLC
1954 INNERBELT BUSINESS CENTER DRIVE
ST LOUIS, MO 63114		     X    
Clark/Fox III, L.L.C.
1954 INNERBELT BUSINESS CENTRE DRIVE
ST. LOUIS, MO 63114		     X    
Smart Stuff, Inc.
1954 INNERBELT BUSINESS CENTRE DRIVE
ST. LOUIS, MO 63114		     X    

Signatures

 /s/ Maxine Clark   11/04/2004
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Price is not applicable to conversion of preferred stock to common stock.
(2) Convertible upon demand. All shares of preferred stock will convert automatically upon consummation of the Company's initial public offering.
(3) 1-to-1.
(4) 1.303334-to-1.
(5) 1.200083-to-1.
(6) 1.188825-to-1.
(7) 1.183108-to-1.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.