<SEC-DOCUMENT>0001058854-16-000068.txt : 20160401
<SEC-HEADER>0001058854-16-000068.hdr.sgml : 20160401
<ACCEPTANCE-DATETIME>20160331173707
ACCESSION NUMBER:		0001058854-16-000068
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20160401
DATE AS OF CHANGE:		20160331

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BUILD A BEAR WORKSHOP INC
		CENTRAL INDEX KEY:			0001113809
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-HOBBY, TOY & GAME SHOPS [5945]
		IRS NUMBER:				431883836
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0102

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-80499
		FILM NUMBER:		161544277

	BUSINESS ADDRESS:	
		STREET 1:		1954 INNERBELT BUSINESS CENTRE DRIVE
		CITY:			ST LOUIS
		STATE:			MO
		ZIP:			63114
		BUSINESS PHONE:		314-423-8000

	MAIL ADDRESS:	
		STREET 1:		1954 INNERBELT BUSINESS CENTRE DRIVE
		CITY:			ST LOUIS
		STATE:			MO
		ZIP:			63114

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANNELL CAPITAL LLC
		CENTRAL INDEX KEY:			0001058854
		IRS NUMBER:				943366999
		STATE OF INCORPORATION:			WY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		245 MERIWETHER CIRCLE
		CITY:			ALTA
		STATE:			WY
		ZIP:			83414
		BUSINESS PHONE:		4158358300

	MAIL ADDRESS:	
		STREET 1:		245 MERIWETHER CIRCLE
		CITY:			ALTA
		STATE:			WY
		ZIP:			83414

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CANNELL J CARLO DBA CANNELL CAPITAL MGMT
		DATE OF NAME CHANGE:	19980330
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>ccllc_bbw-13d.htm
<DESCRIPTION>SCHEDULE 13D/A
<TEXT>


<html>
<body>




<p style="MARGIN-TOP:10PX;MARGIN-BOTTOM:0PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="5">
		<b>
			SECURITIES AND EXCHANGE COMMISSION
		</b>
	</font>
</p>


<p style="MARGIN-TOP:0PX;MARGIN-BOTTOM:12PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="3">
		<b>
			Washington, D.C. 20549
		</b>
	</font>
</p>

<p style="MARGIN-TOP:16PX;MARGIN-BOTTOM:0PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="5">
		<b>
			SCHEDULE 13D
		</b>
	</font>
</p>

<p style="MARGIN-TOP:12PX;MARGIN-BOTTOM:0PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="3">
		<b>
			Under the Securities Exchange Act of 1934
		</b>
	</font>
</p>


<p style="MARGIN-TOP:0PX;MARGIN-BOTTOM:12PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="3">
		<b>
			(Amendment No. 2&nbsp;)
			<sup>1</sup>
		</b>
	</font>
</p>

<p style="margin-top: 0; margin-bottom: 0; text-align: center">
	<hr width="250" align="center"></hr>
</p>

<p style="font: 24pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>Build-A-Bear Workshop, Inc.</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>(Name of Issuer)</b>
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin-top: 10; margin-bottom: 0; text-align: center">
	<b>Common Stock, par value $0.01 per share</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>(Title of Class of Securities)</b>
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin-top: 16; margin-bottom: 0; text-align: center">
	<b>120076104</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 16; text-align: center">
	<b>(CUSIP Number)</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>J. Carlo Cannell</b>
</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>Cannell Capital LLC</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
		<b>245 Meriwether Circle</b>
</p>


<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>Alta, WY
		<font style="text-transform: uppercase">
			83414
		</font>
	</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>(307) 733-2284</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>(Name, Address and Telephone Number of Person</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 16; text-align: center">
	<b>to Receive Notices and Communications)</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center">
	<b>March 20, 2016</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 16; text-align: center">
	<b>(Date of Event Which Requires Filing of This Statement)</b>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 16; text-align: center">
	<hr width="250" align="center"> </hr>
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0">
	If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is
	the subject of this Schedule 13D, and is filing this schedule because of &sect;&sect;240.13d-1(e), 240.13d-1(f)
	or 240.13d-1(g), check the following box. &#9744;
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin-top 0; margain-bottom 0">
	<i>Note.</i>
	&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
	Schedules filed in paper format shall include a signed original and
	five copies of the schedule, including all exhibits. See &sect;240.13d-7
	for other parties to whom copies are to be sent.
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">
	(Continued on following pages)
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt; text-align: center">
	(Page 1 of 10 Pages)
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">
	______________________
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 8pt 0.5in 12pt 0">
	* The remainder of this cover page shall be filled out for a reporting person&rsquo;s
	initial filing on this form with respect to the subject class of securities, and
	for any subsequent amendment containing information which would alter disclosures
	provided in a prior cover page.
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0.5in 12pt 0">
	The information required on the remainder of this cover page shall not be deemed
	to be &ldquo;filed&rdquo; for the purpose of Section 18 of the Securities Exchange Act of 1934
	(&ldquo;<u>Act</u>&rdquo;) or otherwise subject to the liabilities of that section of the Act
	but shall be subject to all other provisions of the Act (however,&nbsp;<i>see</i> the <i>Notes</i>).
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0.5in 12pt 0">
	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 current
	valid OMB control number.
</p>

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		<tr>
			<td style="text-align: center; width: 100%">
				&nbsp;
			</td>
		</tr>
	</table>
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<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No. 120076104</b></td>
		<td align="right"><b> Page 2 of 10 Pages</b></td>
	</tr>
</table>


 <!--Main T
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<table style="width: 100%; border-collapse: collapse" cellpadding="0" cellspacing="0">

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		1
	</td>
	<td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
		<p style="margin: 4pt 0 2pt">NAMES OF REPORTING PERSONS</p>
		<p style="margin: 0 0 8pt">I.R.S. Identification Nos. of above persons (entities only)</p>
        <p style="margin: 0 0 8pt">J. Carlo Cannell</p>

	</td>

</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		2
	</td>
    <td colspan="3"  style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 8pt">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</p>
        <p style="margin: 0 0 2pt">(a)&nbsp; &#x2610; </p>
		<p style="margin: 0 0 4pt">(b)&nbsp; &#x2610;</p>
	</td>
	<td></td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		3
	</td>
    <td colspan="3"  style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 4pt">SEC USE ONLY</p>
	</td>
	<td></td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		4
	</td>
    <td colspan="3"  style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">SOURCE OF FUNDS</p>
        <p style="margin: 0 0 8pt">(see instructions)</p>
		<p style="margin: 0 0 4pt">WC/OO</p>
	</td>

	<td></td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		5
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) &nbsp;&#9744; or 2(e) &nbsp;&#9744; </p>

	</td>
	<td></td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		6
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">CITIZENSHIP OR PLACE OF ORGANIZATION</p>
        <p style="margin: 0 0 4pt">USA</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td colspan="2" rowspan="4" style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center; vertical-align: center;">
		<p style="margin: 25pt 0 0pt">NUMBER OF SHARES</p>
        <p style="margin: 4pt 0 0pt">BENEFICIALLY OWNED BY</p>
		<p style="margin: 4pt 0 0pt">EACH REPORTING </p>
		<p style="margin: 4pt 0 0pt">PERSON WITH</p>
	</td>
	    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	7
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
	    <p style="margin: 4pt 0 2pt">SOLE VOTING POWER*</p>
        <p style="margin: 0 0 4pt">805,050</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	8
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
	    <p style="margin: 4pt 0 2pt">SHARED VOTING POWER</p>
        <p style="margin: 0 0 4pt">0</p>
	</td>
</tr>



<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	9
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
		<p style="margin: 4pt 0 2pt">SOLE DISPOSITIVE POWER*</p>
        <p style="margin: 0 0 4pt">805,050</p>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
	10
	</td>
	<td style="border: black 1pt solid; padding-left: 6pt">
		<p style="margin: 4pt 0 2pt">SHARED DISPOSITIVE POWER</p>
        <p style="margin: 0 0 4pt">0</p>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		11
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</p>
        <p style="margin: 0 0 4pt">805,050</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		12
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt"> 	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES  &#9744;</p>
        <p style="margin: 0 0 4pt">(see instructions)</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		13
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 11</p>
        <p style="margin: 0 0 4pt">5.09%*</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td  style="border: black 1pt solid; padding-top: 4pt; padding-bottom: 12pt; text-align: center">
		14
	</td>
    <td colspan="3" style="border: black 1pt solid; padding-left: 6pt">
        <p style="margin: 4pt 0 2pt">TYPE OF REPORTING PERSON</p>
        <p style="margin: 0 0 4pt">IN</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;" >
    <td width="50px"   style="border-bottom: none; border-left: none; border-right: none">
	</td>
	<td width="70px"  style="border-bottom: none; border-left: none; border-right: none">
	</td>
	<td width="50px" style="border-bottom: none; border-left: none; border-right: none">
	</td>
	<td style="border-bottom: none; border-left: none; border-right: none">
	</td>
</tr>
</table>


<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0">
	*	Based on information set forth on the Form 10-Q of Build-A-Bear Workshop, Inc.,
	(the &ldquo;Company&rdquo;) as filed with the Securities and Exchange Commission on
	March 30, 2016, there were 15,829,725 shares of Common Stock par value $0.01
	per share (the &ldquo;Shares&rdquo;), of the Company issued and outstanding as of
	March 11, 2016.
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2 0">
	&nbsp;&nbsp;&nbsp;As of March 30, 2016 (the &ldquo;Reporting Date&rdquo;), the Cuttyhunk Master Portfolio
	(&ldquo;Cuttyhunk&rdquo;), Tristan Partners, L.P. (&ldquo;Tristan&rdquo;),
	the Tristan Offshore Fund Ltd. (&ldquo;Tristan Offshore&rdquo;),
	Tonga Partners, L.P. (&ldquo;Tonga&rdquo;), and sundry separately managed accounts, over
	which J. Carlo Cannell has investment discretion (the &ldquo;Cannell SMAs&rdquo; and collectively
	with Cuttyhunk, Tonga, Tristan and Tristan Offshore, the &ldquo;Investment Vehicles&rdquo;),
	held in the aggregate 805,050 Shares.
</p>


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			<td style="text-align: center; width: 100%">
				&nbsp;
			</td>
		</tr>
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<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No. 120076104</b></td>
		<td align="right"><b> Page 3 of 10 Pages</b></td>
	</tr>
</table>





<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2 0">
	&nbsp;&nbsp;&nbsp;Cannell Capital LLC acts as the investment adviser to to Tonga, Tristan,
	Tristan Offshore, the Cannell SMAs, and the investor sub-advisor for Cuttyhunk.
	Mr. J. Carlo Cannell is the sole managing member of Cannell Capital LLC.
	The Reporting Person possesses the sole power to vote and to direct
	the disposition of the Shares held by the Investment Vehicles.
</p>






<table style="width: 100%;border: black 1pt solid; border-collapse: collapse; " cellpadding="0" cellspacing="0">

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<th style="border: solid black 1pt; width: 35px"></th>
	<th style="border: solid black 1pt" width="15"></th>
	<th style="border: solid black 1pt"></th>
	<th style="border: solid black 1pt" width="150"></th>
	<th style="border: solid black 1pt" width="80"></th>
	<th style="border: solid black 1pt" width="80"></th>
	<th style="border: solid black 1pt" width="80"></th>
	<th style="border: solid black 1pt" width="100"></th>
	<th style="border: solid black 1pt" width="40"></th>
	<th style="border: solid black 1pt" width="100"></th>
	<th style="border: solid black 1pt"></th>
	<th style="border: solid black 1pt"  width="1"></th>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td colspan="12" style="border: black 1pt solid; margin 0 0 6 0">
		<b>Item 1.&nbsp;&nbsp;&nbsp;Security and Issuer</b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td >
	</td>
	<td>
	</td>
	<td colspan="10" >
		The title of the class of equity securities to which this Schedule 13D relates is
	the Common Stock par value $0.01 per share of Build-A-Bear Workshop, Inc.,
	a Delaware corporation.  The address of the principal executive offices of the
	Company is 1954 Innerbelt Business Center Drive, St. Louis, MO 63114.
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td colspan="12" style="border: black 1pt solid; margin 0 0 6 0">
		<b>Item 2.&nbsp;&nbsp;&nbsp;Identity and Background</b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td   >
	</td>
	<td>
	a)
	</td>
	<td colspan="10" >
	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			The name of the Reporting Person is J. Carlo Cannell (the &ldquo;Reporting Person&rdquo;).
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt; text-align: left">
			The Reporting Person is the sole managing member of Cannell Capital LLC, an
			investment sub-advisor for the Cuttyhunk Master Portfolio and investment adviser to
			the Cannell SMAs and to the following entities:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 10pt">
			Tonga Partners, L.P.
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 10pt">
			Tristan Partners, L.P.
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 10pt">
			Tristan Offshore Fund, Ltd.
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 2pt 0 4pt 0">
			Set forth in the attached Annex "A" and incorporated herein by reference is a
			listing of the directors, general partners, managing members and controlling
			persons of the Reporting Person and the Investment Vehicles (collectively,
			the &ldquo;Covered Persons&rdquo;), and sets forth the principal occupation,
			citizenship and principal place of business of each Covered Person.
		</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	b)
	</td>
	<td colspan="10">
	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left">
			The principal business address of the Reporting Person is:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 10pt">
			245 Meriwether Circle
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 10pt">
			Alta, WY 83414
		</p>
	</td>
</tr>



<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	c)
	</td>
	<td colspan="10">
	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt 0; text-align: left">
			The principal business of the Reporting Person is the performance of
			investment management and advisory services.  The principal business of the
			Investment Vehicles is investment in securities.
	</p>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	d)
	</td>
	<td colspan="10">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
			Neither the Reporting Person, nor to the best of its knowledge, any of the
			Investment Vehicles, has, in the last five years, been convicted in a criminal
			proceeding (excluding traffic violations or similar misdemeanors).
		</p>
	</td>
</tr>



<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	e)
	</td>
	<td colspan="10">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
			Neither the Reporting Person, nor to the best of its knowledge, any of the Investment
			Vehicles, has, during the last five years, been a party to a civil proceeding of
			a judicial or administrative body of competent jurisdiction and as a result of
			such proceeding was or is subject to a judgement, decree or final order
			enjoining future violations of, or prohibiting or mandating activities subject
			to, federal or state securities laws or finding any violations with respect to
			such laws.
		</p>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	f)
	</td>
	<td colspan="10">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt 0; text-align: left">
			The place of organization of the Reporting Person is as follows:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt 0; text-align: left">
			The citizenship of each Covered Person is set forth on the attached Annex A
			and incorporated herein by reference.
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
			Mr. J. Carlo Cannell is the Managing Member of Cannell Capital LLC, a Wyoming
			limited liability company.
		</p>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td colspan="12" style="border: black 1pt solid; margin 0 0 6 0">
		<b>Item 3.&nbsp;&nbsp;&nbsp;Source and Amount of Funds or Other Consideration</b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td colspan="10" >
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 2pt 0; text-align: left">
			The securities to which this statement relates were acquired by the Reporting
			Person using the working capital of each Investment Vehicle as follows:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 10pt; text-align: left">
			The Cuttyhunk Master Portfolio:  $442,038
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 10pt; text-align: left">
			Tonga Partners, L.P.:   $1,217,544
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 10pt; text-align: left">
			Tristan Partners, L.P.: $3,346,865
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 10pt; text-align: left">
			Tristan Offshore Fund, Ltd.:   $1,642,266
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 10pt; text-align: left">
			Cannell Separately Managed Accounts:   $669,040
		</p>

		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 10pt; text-align: left">
			The Investment Vehicles have invested an aggregate amount of approximately $7,317,753 in the Shares.
		</p>
	</td>
</tr>



</table>


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				&nbsp;
			</td>
		</tr>
	</table>
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<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No. 120076104</b></td>
		<td align="right"><b> Page 4 of 10 Pages</b></td>
	</tr>
</table>








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<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<th style="border: solid black 1pt; width: 35px"></th>
	<th style="border: solid black 1pt" width="15"></th>
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	<th style="border: solid black 1pt" width="150"></th>
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</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td colspan="12" style="border: black 1pt solid; margin 0 0 6 0">
		<b>Item 4.&nbsp;&nbsp;&nbsp;Purpose of Transaction</b>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td colspan="10">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
			Mr. Cannell, on behalf of the Investment Vehicles, identified the Company as an entity satisfying each
			Investment Vehicle&rsquo;s investment criteria. The Investment Vehicles acquired and continue to hold
			the Shares as a long-term investment. Mr. Cannell files this 13D amendment to reflect recent sales of the shares.
			<br></br>
			Above and beyond the action summarized above, Mr. Cannell reserves the right to discuss various views and opinions with respect to the
			Company and its business plans with the Company or the members of its senior management. The discussion of such views and opinions may
			extend from ordinary day-to-day business operations to matters such as nominees for representation on the Company&rsquo;s board of directors,
			senior management decisions and extraordinary business transactions. Mr. Cannell reserves the right to take such action as he may deem
			necessary from time to time to seek to maximize the value of the Shares. Such actions may include, but may not necessarily be limited to,
			pursuit of strategic initiatives to enhance shareholder value.
			<br></br>
			In addition to the actions set forth above, Mr. Cannell may engage in any of the actions specified in Items 4(a) through 4(j)
			to the Schedule 13D general instructions.
			<br></br>
			Except as set forth above, Mr. Cannell has no present plans or proposals that relate to or would result in any of
			the transactions described in Item 4 of Schedule 13D. Generally Cannell Capital supports the efforts, strategy, and changes instituted by the new officers of the Company.
		</p>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td colspan="12" style="border: black 1pt solid; margin 0 0 6 0">
			<b>Item 5.&nbsp;&nbsp;&nbsp;Interest in Securities of the Issuer</b>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td colspan="10">
	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">

		Based on information set forth in the Company&rsquo;s Form 10-Q as filed with the
		Securities and Exchange Commission on March 30, 2016, there were 15,829,725
		Common Shares issued and outstanding as of March 11, 2016.
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 10pt; text-align: left">
			(a)&nbsp;&nbsp;As of the Reporting Date, for the purposes of Reg. Section 240.13d-3, Cannell
				Capital LLC may be deemed to beneficially own 805,050 Shares, or approximately
				5.09% of the Shares deemed issued and outstanding as of the Reporting Date.
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 10pt; text-align: left">

			(b)&nbsp;&nbsp;Cannell Capital LLC possesses the sole power to vote and to direct
			the disposition of the Shares held by the Investment Vehicles.
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 10pt; text-align: left">
			(c)&nbsp;&nbsp;The following table details the transactions during the sixty days on or prior
			to the Reporting Date in Shares, or securities convertible into, exercisable for or
			exchangeable for Shares, by Cannell Capital LLC or any other person or entity
			controlled by him or any person or entity for which he possesses voting or
			investment control over the securities thereof (each of which was effected in
			an ordinary brokerage transaction by Cannell Capital LLC on behalf
			of the Investment Vehicles).
		</p>
	</td>
</tr>


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 <tr>
      <td colspan="12" style="vertical-align:bottom; font: 10pt bold Times New Roman, Times, Serif;">&nbsp </td>

</tr>

<tr style="vertical-align:bottom; font: 10pt bold Times New Roman, Times, Serif;">
      <td></td>
      <td></td>
	  <td></td>
      <td align="left" style="border-bottom: black 1pt solid;">Entity</td>
      <td align="left" style="border-bottom: black 1pt solid;">Date</td>
      <td align="right" style="border-bottom: black 1pt solid;">Quantity</td>
      <td align="right" style="border-bottom: black 1pt solid;">Price <p style="margin: 0 0 0 0">Per Share</p></td>
	  <td style="border-bottom: black 1pt solid;"> </td>
      <td align="left" style="border-bottom: black 1pt solid;">Form Of<p style="margin: 0 0 0 0"> Transaction</p></td>
      <td  colspan="3" style="border-right: black 1pt solid;"></td>
   </tr>

<tr>
      <td colspan="12" style="vertical-align:bottom; font: 10pt bold Times New Roman, Times, Serif;">&nbsp </td>

</tr>

<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">02/16/2016</td><td align="right">32,043</td><td align="right">13.7676</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">02/17/2016</td><td align="right">31,060</td><td align="right">13.6909</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">02/18/2016</td><td align="right">3,586</td><td align="right">13.9381</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">02/18/2016</td><td align="right">30,494</td><td align="right">13.9381</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">02/19/2016</td><td align="right">678</td><td align="right">13.7172</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">02/19/2016</td><td align="right">5,770</td><td align="right">13.7172</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">02/22/2016</td><td align="right">2,639</td><td align="right">13.8391</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">02/22/2016</td><td align="right">22,437</td><td align="right">13.8391</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">02/23/2016</td><td align="right">5,010</td><td align="right">13.8825</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">02/23/2016</td><td align="right">3,582</td><td align="right">13.8825</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">02/23/2016</td><td align="right">9,632</td><td align="right">13.8825</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">02/23/2016</td><td align="right">6,389</td><td align="right">13.8825</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">02/23/2016</td><td align="right">13,246</td><td align="right">13.8825</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>







</table>


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			<td style="text-align: center; width: 100%">
				&nbsp;
			</td>
		</tr>
	</table>
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	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No. 120076104</b></td>
		<td align="right"><b> Page 5 of 10 Pages</b></td>
	</tr>
</table>








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	<th style="border: solid black 1pt; width: 35px"></th>
	<th style="border: solid black 1pt" width="15"></th>
	<th style="border: solid black 1pt"></th>
	<th style="border: solid black 1pt" width="150"></th>
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 <tr>
      <td colspan="12" style="vertical-align:bottom; font: 10pt bold Times New Roman, Times, Serif;">&nbsp </td>

</tr>

<tr style="vertical-align:bottom; font: 10pt bold Times New Roman, Times, Serif;">
      <td></td>
      <td></td>
	  <td></td>
      <td align="left" style="border-bottom: black 1pt solid;">Entity</td>
      <td align="left" style="border-bottom: black 1pt solid;">Date</td>
      <td align="right" style="border-bottom: black 1pt solid;">Quantity</td>
      <td align="right" style="border-bottom: black 1pt solid;">Price <p style="margin: 0 0 0 0">Per Share</p></td>
	  <td style="border-bottom: black 1pt solid;"> </td>
      <td align="left" style="border-bottom: black 1pt solid;">Form Of<p style="margin: 0 0 0 0"> Transaction</p></td>
      <td  colspan="3" style="border-right: black 1pt solid;"></td>
   </tr>

<tr>
      <td colspan="12" style="vertical-align:bottom; font: 10pt bold Times New Roman, Times, Serif;">&nbsp </td>

</tr>



<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">02/24/2016</td><td align="right">6,425</td><td align="right">13.8765</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">02/24/2016</td><td align="right">4,595</td><td align="right">13.8765</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">02/24/2016</td><td align="right">12,352</td><td align="right">13.8765</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">02/24/2016</td><td align="right">8,193</td><td align="right">13.8765</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">02/24/2016</td><td align="right">16,986</td><td align="right">13.8765</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">02/25/2016</td><td align="right">3,621</td><td align="right">13.9485</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">02/25/2016</td><td align="right">2,590</td><td align="right">13.9485</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">02/25/2016</td><td align="right">6,962</td><td align="right">13.9485</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">02/25/2016</td><td align="right">4,618</td><td align="right">13.9485</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">02/25/2016</td><td align="right">9,576</td><td align="right">13.9485</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">02/26/2016</td><td align="right">3,308</td><td align="right">14.0422</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">02/26/2016</td><td align="right">2,366</td><td align="right">14.0422</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">02/26/2016</td><td align="right">6,360</td><td align="right">14.0422</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">02/26/2016</td><td align="right">4,219</td><td align="right">14.0422</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">02/26/2016</td><td align="right">8,747</td><td align="right">14.0422</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">02/29/2016</td><td align="right">2,465</td><td align="right">14.4435</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">02/29/2016</td><td align="right">1,762</td><td align="right">14.4435</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">02/29/2016</td><td align="right">4,738</td><td align="right">14.4435</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">02/29/2016</td><td align="right">3,143</td><td align="right">14.4435</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">02/29/2016</td><td align="right">6,517</td><td align="right">14.4435</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/01/2016</td><td align="right">344</td><td align="right">14.0126</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/01/2016</td><td align="right">246</td><td align="right">14.0126</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/01/2016</td><td align="right">661</td><td align="right">14.0126</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/01/2016</td><td align="right">438</td><td align="right">14.0126</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/01/2016</td><td align="right">911</td><td align="right">14.0126</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/02/2016</td><td align="right">2,964</td><td align="right">13.7838</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/02/2016</td><td align="right">2,120</td><td align="right">13.7838</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/02/2016</td><td align="right">5,699</td><td align="right">13.7838</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/02/2016</td><td align="right">3,780</td><td align="right">13.7838</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/02/2016</td><td align="right">7,837</td><td align="right">13.7838</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/03/2016</td><td align="right">2,647</td><td align="right">13.7938</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/03/2016</td><td align="right">1,892</td><td align="right">13.7938</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/03/2016</td><td align="right">5,088</td><td align="right">13.7938</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/03/2016</td><td align="right">3,375</td><td align="right">13.7938</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/03/2016</td><td align="right">6,998</td><td align="right">13.7938</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/04/2016</td><td align="right">3,000</td><td align="right">13.7094</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/04/2016</td><td align="right">2,145</td><td align="right">13.7094</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/04/2016</td><td align="right">5,768</td><td align="right">13.7094</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/04/2016</td><td align="right">3,826</td><td align="right">13.7094</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/04/2016</td><td align="right">7,934</td><td align="right">13.7094</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/07/2016</td><td align="right">2,955</td><td align="right">13.7121</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/07/2016</td><td align="right">2,113</td><td align="right">13.7121</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/07/2016</td><td align="right">5,680</td><td align="right">13.7121</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/07/2016</td><td align="right">3,768</td><td align="right">13.7121</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/07/2016</td><td align="right">7,811</td><td align="right">13.7121</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>


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		<td><b> CUSIP No. 120076104</b></td>
		<td align="right"><b> Page 6 of 10 Pages</b></td>
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      <td></td>
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      <td align="left" style="border-bottom: black 1pt solid;">Entity</td>
      <td align="left" style="border-bottom: black 1pt solid;">Date</td>
      <td align="right" style="border-bottom: black 1pt solid;">Quantity</td>
      <td align="right" style="border-bottom: black 1pt solid;">Price <p style="margin: 0 0 0 0">Per Share</p></td>
	  <td style="border-bottom: black 1pt solid;"> </td>
      <td align="left" style="border-bottom: black 1pt solid;">Form Of<p style="margin: 0 0 0 0"> Transaction</p></td>
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      <td colspan="12" style="vertical-align:bottom; font: 10pt bold Times New Roman, Times, Serif;">&nbsp </td>

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<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/08/2016</td><td align="right">3,781</td><td align="right">13.7883</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/08/2016</td><td align="right">3,018</td><td align="right">13.7883</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/08/2016</td><td align="right">7,106</td><td align="right">13.7883</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/08/2016</td><td align="right">5,105</td><td align="right">13.7883</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/08/2016</td><td align="right">10,594</td><td align="right">13.7883</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/09/2016</td><td align="right">2,555</td><td align="right">13.8084</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/09/2016</td><td align="right">2,039</td><td align="right">13.8084</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/09/2016</td><td align="right">4,800</td><td align="right">13.8084</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/09/2016</td><td align="right">3,449</td><td align="right">13.8084</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/09/2016</td><td align="right">7,157</td><td align="right">13.8084</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/10/2016</td><td align="right">337</td><td align="right">13.8174</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/10/2016</td><td align="right">269</td><td align="right">13.8174</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/10/2016</td><td align="right">634</td><td align="right">13.8174</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/10/2016</td><td align="right">455</td><td align="right">13.8174</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/10/2016</td><td align="right">947</td><td align="right">13.8174</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/11/2016</td><td align="right">1,810</td><td align="right">13.7934</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/11/2016</td><td align="right">1,444</td><td align="right">13.7934</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/11/2016</td><td align="right">3,401</td><td align="right">13.7934</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/11/2016</td><td align="right">2,443</td><td align="right">13.7934</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/11/2016</td><td align="right">5,072</td><td align="right">13.7934</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/14/2016</td><td align="right">991</td><td align="right">13.2137</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/14/2016</td><td align="right">790</td><td align="right">13.2137</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/14/2016</td><td align="right">1,862</td><td align="right">13.2137</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/14/2016</td><td align="right">1,337</td><td align="right">13.2137</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/14/2016</td><td align="right">2,777</td><td align="right">13.2137</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/16/2016</td><td align="right">1,194</td><td align="right">12.6013</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/16/2016</td><td align="right">953</td><td align="right">12.6013</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/16/2016</td><td align="right">2,245</td><td align="right">12.6013</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/16/2016</td><td align="right">1,613</td><td align="right">12.6013</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/16/2016</td><td align="right">3,347</td><td align="right">12.6013</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/17/2016</td><td align="right">852</td><td align="right">12.4983</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/17/2016</td><td align="right">680</td><td align="right">12.4983</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/17/2016</td><td align="right">1,602</td><td align="right">12.4983</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan Offshore</td><td align="left">03/17/2016</td><td align="right">1,151</td><td align="right">12.4983</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tristan</td><td align="left">03/17/2016</td><td align="right">2,390</td><td align="right">12.4983</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/18/2016</td><td align="right">10,329</td><td align="right">12.9859</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/18/2016</td><td align="right">24,929</td><td align="right">12.9859</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/21/2016</td><td align="right">682</td><td align="right">13.0236</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/21/2016</td><td align="right">1,649</td><td align="right">13.0236</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/22/2016</td><td align="right">117</td><td align="right">12.7447</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/22/2016</td><td align="right">283</td><td align="right">12.7447</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/28/2016</td><td align="right">20</td><td align="right">12.5095</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/28/2016</td><td align="right">29</td><td align="right">12.5097</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/28/2016</td><td align="right">51</td><td align="right">12.5098</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/29/2016</td><td align="right">3,119</td><td align="right">12.7922</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/29/2016</td><td align="right">4,355</td><td align="right">12.7922</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/29/2016</td><td align="right">7,526</td><td align="right">12.7922</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>



</table>


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	<table style="width: 100%; font: 10pt Times New Roman, Times, Serif" cellpadding="0"    cellspacing="0">
		<tr>
			<td style="text-align: center; width: 100%">
				&nbsp;
			</td>
		</tr>
	</table>
</div>
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<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No. 120076104</b></td>
		<td align="right"><b> Page 7 of 10 Pages</b></td>
	</tr>
</table>








<table style="width: 100%;border: black 1pt solid; border-collapse: collapse; table-layout: fixed; " cellpadding="0" cellspacing="0">

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<th style="border: solid black 1pt; width: 35px"></th>
	<th style="border: solid black 1pt" width="15"></th>
	<th style="border: solid black 1pt"></th>
	<th style="border: solid black 1pt" width="150"></th>
	<th style="border: solid black 1pt" width="80"></th>
	<th style="border: solid black 1pt" width="80"></th>
	<th style="border: solid black 1pt" width="80"></th>
	<th style="border: solid black 1pt" width="40"></th>
	<th style="border: solid black 1pt" width="100"></th>
	<th style="border: solid black 1pt" width="40"></th>
	<th style="border: solid black 1pt"></th>
	<th style="border: solid black 1pt"  width="1"></th>
</tr>


 <tr>
      <td colspan="12" style="vertical-align:bottom; font: 10pt bold Times New Roman, Times, Serif;">&nbsp </td>

</tr>

<tr style="vertical-align:bottom; font: 10pt bold Times New Roman, Times, Serif;">
      <td></td>
      <td></td>
	  <td></td>
      <td align="left" style="border-bottom: black 1pt solid;">Entity</td>
      <td align="left" style="border-bottom: black 1pt solid;">Date</td>
      <td align="right" style="border-bottom: black 1pt solid;">Quantity</td>
      <td align="right" style="border-bottom: black 1pt solid;">Price <p style="margin: 0 0 0 0">Per Share</p></td>
	  <td style="border-bottom: black 1pt solid;"> </td>
      <td align="left" style="border-bottom: black 1pt solid;">Form Of<p style="margin: 0 0 0 0"> Transaction</p></td>
      <td  colspan="3" style="border-right: black 1pt solid;"></td>
   </tr>

<tr>
      <td colspan="12" style="vertical-align:bottom; font: 10pt bold Times New Roman, Times, Serif;">&nbsp </td>

</tr>






<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cuttyhunk</td><td align="left">03/30/2016</td><td align="right">3,270</td><td align="right">13.0679</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Cannell SMAs</td><td align="left">03/30/2016</td><td align="right">4,567</td><td align="right">13.0679</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>
<tr style="vertical-align:bottom; font: 10pt Times New Roman, Times, Serif;"><td></td><td></td><td></td><td align="left">Tonga</td><td align="left">03/30/2016</td><td align="right">7,890</td><td align="right">13.0679</td><td></td><td align="left">Sell</td><td  colspan="3" style="border-right: black 1pt solid;"></td></tr>



<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td colspan="12" style="border: black 1pt solid; margin 0 0 6 0">
		<b>Item 6.&nbsp;&nbsp;&nbsp;Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer</b>
	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td colspan="10">
	None
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td colspan="12" style="border: black 1pt solid; margin 0 0 6 0">
		<b>Item 7.&nbsp;&nbsp;&nbsp;Material to Be Filed as Exhibits</b>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td>
	</td>
	<td>
	</td>
	<td colspan="10">
	None
	</td>
</tr>


</table>




	<!-- Field: Page; Sequence:   SIGNATURE PAGE-->

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		<table style="width: 100%; font: 10pt Times New Roman, Times, Serif" cellpadding="0" cellspacing="0">
				<tr>
					<td style="text-align: center; width: 100%">&nbsp;</td>
				</tr>
		</table>
	</div>
    <!-- Field: /Page -->



<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No. 120076104</b></td>
		<td align="right"><b> Page 8 of 10 Pages</b></td>
	</tr>
</table>




<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align:center">
	SIGNATURE
</p>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">
	After reasonable inquiry and to the best of my knowledge and belief,
	I certify that the information set forth in this statement is true, complete and correct.
</p>
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">
	Dated:&nbsp;&nbsp;March 31, 2016
</p>



<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td></td>
		<td width="50%" align="left" >
			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 12pt">
				Cannell Capital LLC
			</p>
			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 6pt">
				<u>By:&nbsp;&nbsp;/s/ J. Carlo Cannell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
			</p>
						<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 0pt">
				Name:&nbsp;&nbsp;J. Carlo Cannell
			</p>
						<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 12pt">
				Title:&nbsp;&nbsp;Managing Member
			</p>
		</td>
	</tr>
</table>


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		<table style="width: 100%; font: 10pt Times New Roman, Times, Serif" cellpadding="0" cellspacing="0">
				<tr>
					<td style="text-align: center; width: 100%">&nbsp;</td>
				</tr>
		</table>
	</div>
    <!-- Field: /Page -->



<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No. 120076104</b></td>
		<td align="right"><b> Page 9 of 10 Pages</b></td>
	</tr>
</table>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt;text-align: center;">
	Annex "A"
</p>


<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">
	MANAGERS AND GENERAL PARTNERS OF THE REPORTING PERSON AND THE INVESTMENT VEHICLES
</p>

<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">
	The following sets forth the name, principal occupation, citizenship or
	jurisdiction of organization and principal place of business of the
	directors, general partners, managing members or controlling persons
	of the Reporting Person and the Investment Vehicles (the &ldquo;Covered Persons&rdquo;) indicated below:
</p>

<!--- Signature table-->



<table style="width: 100%;border: none; border-collapse: collapse" cellpadding="0" cellspacing="0">



<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
	<b>J. Carlo Cannell</b>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4 0; text-align: left;">

	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Name:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Title or Relationship with Reporting Person:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Principal Occupation or Employment:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Citizenship or Jurisdiction of Organization:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		Principal Place of Business:
		</p>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
				<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		J. Carlo Cannell
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Managing Member
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Investment Management
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Wyoming, United States
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		(1)
		</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
	<b>Cannell Capital LLC</b>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4 0; text-align: left;">

	</td>
</tr>


<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Name:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Title or Relationship with Reporting Person:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Principal Occupation or Employment:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Citizenship or Jurisdiction of Organization:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		Principal Place of Business:
		</p>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
				<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		J. Carlo Cannell
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Managing Member
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Investment Management
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Wyoming, United States
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		(1)
		</p>
	</td>
</tr>



<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
	<b>Tonga Partners, L.P.</b>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4 0; text-align: left;">

	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Name:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Title or Relationship with Reporting Person:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Principal Occupation or Employment:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Citizenship or Jurisdiction of Organization:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		Principal Place of Business:
		</p>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
				<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Cannell Capital LLC
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Investment Adviser and General Partner
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Investment Management
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Wyoming, United States
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		(1)
		</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
	<b>The Cuttyhunk Master Portfolio</b>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4 0; text-align: left;">

	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Name:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Title or Relationship with Reporting Person:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Principal Occupation or Employment:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Citizenship or Jurisdiction of Organization:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		Principal Place of Business:
		</p>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
				<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Cannell Capital LLC
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Investment Subadviser
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Investment Management
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Wyoming, United States
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		(1)
		</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
	<b>Tristan Partners, L.P.</b>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4 0; text-align: left;">

	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Name:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Title or Relationship with Reporting Person:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Principal Occupation or Employment:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Citizenship or Jurisdiction of Organization:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		Principal Place of Business:
		</p>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
				<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Cannell Capital LLC
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Investment Adviser and General Partner
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Investment Management
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Wyoming, United States
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		(1)
		</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
	<b>Tristan Offshore Fund, Ltd.</b>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4 0; text-align: left;">

	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Name:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Title or Relationship with Reporting Person:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0pt 0; text-align: left">
		Principal Occupation or Employment:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Citizenship or Jurisdiction of Organization:
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		Principal Place of Business:
		</p>
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
				<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Cannell Capital LLC
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Investment Adviser
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Investment Management
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0pt 0; text-align: left">
		Cayman Islands
		</p>
		<p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 4pt 0; text-align: left">
		(2)
		</p>
	</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
	<td width="400" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
	</td>
	<td style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0; text-align: left;">
	</td>
</tr>

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					<td style="text-align: center; width: 100%">&nbsp;</td>
				</tr>
		</table>
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<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td><b> CUSIP No. 120076104</b></td>
		<td align="right"><b> Page 10 of 10 Pages</b></td>
	</tr>
</table>



<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt;text-align: center;">
	Annex "B"
</p>
<p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt;text-align: center;">
	Agreement Regarding the Joint Filing of Schedule 13D
</p>


<table>
<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
<td>1)</td>
<td>
	Each of them is individually eligible to use the Schedule 13D to which this
	Exhibit is attached, and such Schedule 13D is filed on behalf each of them;
</td>
</tr>

<tr style="vertical-align: top; font: 10pt Times New Roman, Times, Serif;">
<td>2)</td>
<td>
	Each of them is responsible for the timely filing of such Schedule 13D and
	any amendments thereto, and for the completeness and accuracy of the
	information concerning such person contained therein; but none of them is
	responsible for the completeness or accuracy of the information concerning the
	other persons making the filing, unless such person knows or has reason to
	believe that such information is inaccurate.
</td>
</tr>
</table>

<p style="font: 10pt Times New Roman, Times, Serif; margin: 12pt 0 12pt">
	Dated:&nbsp;&nbsp;March 31, 2016
</p>


<!-- Signatures-->

<table width="100%" >
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		<td></td>
		<td width="50%" align="left" >

			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 6pt">
				<u>By:&nbsp;&nbsp;/s/ J. Carlo Cannell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
			</p>
						<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 0pt">
				Name:&nbsp;&nbsp;J. Carlo Cannell
			</p>

		</td>
	</tr>
</table>

<table width="100%" >
	<tr style="font: 10pt Times New Roman, Times, Serif;">
		<td></td>
		<td width="50%" align="left" >
			<p></p>
			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 6pt">
				Cannell Capital LLC
			</p>
			<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 6pt">
				<u>By:&nbsp;&nbsp;/s/ J. Carlo Cannell&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>
			</p>
						<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 0pt">
				Name:&nbsp;&nbsp;J. Carlo Cannell
			</p>
						<p style="font:  10pt Times New Roman, Times, Serif; margin: 0 0 12pt">
				Title:&nbsp;&nbsp;Managing Member
			</p>
		</td>
	</tr>
</table>







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</html>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>exhibit_99.htm
<DESCRIPTION>EXHIBIT 99
<TEXT>
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<html>
<head>

</head>

<body>

<p style="MARGIN-TOP:30PX;MARGIN-BOTTOM:0PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="3">
		<b>
			Cannell Capital LLC
		</b>
	</font>
</p>


<p style="MARGIN-TOP:0PX;MARGIN-BOTTOM:0PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="2">
			245 Meriwether Circle
	</font>
</p>
<p style="MARGIN-TOP:0PX;MARGIN-BOTTOM:0PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="2">
			Alta, WY 83414
	</font>
</p>

<p style="MARGIN-TOP:0PX;MARGIN-BOTTOM:0PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="2">
			<b>&#9743 Tel</b> (307) 733-2284 <b> &#x1f4e0; Fax</b> (307) 264-0600
	</font>
</p>

<p style="MARGIN-TOP:0PX;MARGIN-BOTTOM:12PX" align="CENTER">
	<font style="FONT-FAMILY:TIMES NEW ROMAN" size="2">
			<b>&#9993 </b> info@cannellcap.com
	</font>
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0" align="RIGHT">

			March 31, 2016
</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Ms. Mary Lou Fiala <br>
	  Chairman of the Board of Directors<br>
	  Build-A-Bear Workshop, Inc. <br>
	  1954 Innerbelt Business Center Drive, <br>
	  St. Louis, Missouri 63114 <br>

</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Dear Ms. Fiala,

</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Because of recent actions taken by the current Board of Directors (the &ldquo;Board&rdquo;) of Build-A-Bear Workshop, Inc. (&ldquo;BBW&rdquo; or the &ldquo;Company&rdquo;)
	  that were financially unsophisticated, lacking in proper corporate governance and shareholder unfriendly, Cannell Capital LLC (&ldquo;Cannell&rdquo;)
	  has no confidence in the current Board of BBW.
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Whilst there appear to be some members of the Board that enjoy investment experience and have acted accordingly, based upon sundry conversations during
	  the last four months with Board and management, it is the conclusion of Cannell that the Board does not even know that &ldquo;it does not know.&rdquo;

</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  On our March 16, 2016 call, both you and CEO Sharon John stressed and promised how shareholder-friendly the Board was, is,
	  and will continue to be. Actions speak louder than words, however. To wit:

</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  <u>Lower Buy-Back at Higher Prices</u>
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  On November 20, 2015 Cannell spoke with you, Ms. Fiala. At the time, the stock had decreased from its August 2015 peak of $21.08 to $11.97 - a 47% decline.
</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  It was our position that the most accretive use of the Company&rsquo;s cash was to tender for shares - either by way of a single price or a modified Dutch tender
	  (https://www.sec.gov/Archives/edgar/data/1058854/000105885415000030/ccllc_bbw-13d.htm) because (i) &ldquo;buying its stores&rdquo; via Wall Street would be more
	  accretive than paying for new buildings or remodels and (ii) the Company was overcapitalised and in fact should take advantage of very low borrowing costs -
	  estimated by the parties at 3.5 to 4% - to modestly and prudently buy back shares with a mind to perhaps offer them later at substantially higher prices.

</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Instead during the fourth quarter of 2015, the Company bought 1,171,000 shares of stock for $19.6 million through open market purchases - a slow and expensive
	  technique which in hindsight vindicates our advice. (The average price paid by BBW was $16.73 during that quarter. The Volume Weighted Average Price &ldquo;VWAP&rdquo; subsequent
	  to our call with you through December 31, 2015 was $12.13.) Had the Company heeded our advice, it could have bought back thrice the quantity of shares at a price 25% less than what it paid.

</p>



<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  How is buying fewer shares at a price $4.23 more than advocated by us friendly to shareholders?
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  <u>Poor Corporate Governance</u>
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  On February 23, 2016, Mr. Timothy Kilpin and Ms. Sarah Personette were appointed to the Board of BBW. Both Mr. Kilpin and Ms. Personette now serve on the Board&rsquo;s
	  Compensation and Development Committee (the &ldquo;Compensation Committee&rdquo;) with Ms. Personette also serving on the
	  Nominating and Corporate Governance Committee (the &ldquo;Nominating Committee&rdquo;).
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  As you and Ms. John relayed on our March 2016 call, the Board selection process is for Ms. John to interview potential Board candidates first. Only if she approves of the candidate -
	  a candidate who, if selected, will serve as her boss - will you, Ms. Fiala, then conduct a second interview.
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  This process that you and Ms. John have independently established is perplexing to us since it appears to violate the Nominating
	  Committee&rsquo;s own Charter. That Charter states that the Committee shall not only &ldquo;aid the Board of Directors of the Corporation in evaluating potential
	  director nominees,&rdquo; but also that the Committee shall &ldquo;[e]valuate potential nominees for Board positions pursuant to the standards, policies and minimum requirements
	  established by the Committee.&rdquo; (http://phx.corporate-ir.net/phoenix.zhtml?c=182478&p=irol-govcommcomp.) If it isn&rsquo;t evaluating Board candidates, what exactly does the Nominating Committee do?
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Neither you nor Ms. John are members of the Nominating Committee, yet you have acted as if you are entitled to decide who joins the Board. This Executive-Board alignment reflects the experience of
	  our own nominee to the Board, Mr. Timothy Brog. Mr. Brog was interviewed by Ms. John and then yourself but was never contacted by any member of the Nominating Committee.
</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Is this process shareholder-friendly or CEO-friendly? When was the last time you interviewed someone who might be your boss? With such a process in place
	  we are baffled at how a director could ever be truly independent of the Company&rsquo;s executive office.
</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  It is poor corporate governance to give a CEO the power to accept or reject her superior, the selfsame person who will then set her compensation.
</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  <u>New Employment Agreements for Management</u>
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  With the price of BBW stock near its 52 week-low, the Company decided it was time to reward its already well-paid management with unnecessarily rich employment and severance agreements.
	  Far from being shareholder friendly, this behavior is typically exhibited by a Board controlled by a CEO and acting in response to a shareholder asserting its rights.
</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Fifteen days after Mr. Kilpin&rsquo;s and Ms. Personette&rsquo;s appointments to the Board, the Compensation Committee on which they serve renegotiated
	  several executive level contracts, Ms. John&rsquo;s among them.
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Some of the notable changes to the benefit of Ms. John were: (i) a 20% increase in pay (10% in base pay and 10% in bonus pay); (ii) the redefinition of &ldquo;Good Reason&rdquo; to mean that Ms. John&rsquo;s bonus
	  can never be reduced; (iii) Ms. John&rsquo;s severance package subsequent to a change of control increased from 24 months of base salary to 24 months of base salary plus her bonus;
	  and (iv) the removal of a provision reducing the amount of severance paid to Ms. John by any amount she received by a subsequent employer during the severance period.
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  How does it benefit shareholders to have the Company continue to pay Ms. John after she&rsquo;s been employed by a new organization? How is this shareholder friendly?
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  We call on the Board to show transparency by publicly disclosing how many Board and Compensation Committee meetings Mr. Kilpin&rsquo;s and Ms.
	  Personette attended prior to voting and how each Compensation Committee member voted.
</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  When we spoke with you and Ms. John in March 2016, we did so in an attempt to arrive at a settlement agreement. The Company requested Cannell withdraw its nominees
	  for the Board of Directors while offering nothing substantial to shareholders in return - other than promises to &ldquo;keep the dialogue going.&rdquo;
</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  You couched your pitch to us while using the word &ldquo;honestly&rdquo; eleven times. It is the experience of Cannell that when a member of a Board of a public company who does not
	  own much stock of the Company itself, uses the word &ldquo;honestly&rdquo; or the words &ldquo;to be truthful&rdquo; with such a high frequency, that the verisimilitude of the orator should be questioned.
</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Cannell has lost faith in the BBW Board of Directors. This is our notice to you that the clock is ticking.
</p>


<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  The Company failed to buy back shares in appropriate size and at optimal prices.
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  New directors were selected in a less than independent manner.
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  The Board has favored management, approving employment contracts with beneficial changes to the chief executive to the detriment of the Company and its shareholders.
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Cannell reserves the right to take appropriate action at any time, and we have no doubt that we will prevail in a contested proxy contest one year hence in
	  the event that the Company does not correct its recent missteps and continues to institute shareholder-unfriendly changes.
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Best regards!
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  Sincerely,
</p>

<p style="font: 12pt Times New Roman, Times, Serif; margin: 12pt 0">
	  J. Carlo Cannell<br>
	  Managing Member
</p>
















</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
