Filing Details

Accession Number:
0001209191-18-016996
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-05 20:49:56
Reporting Period:
2018-03-01
Accepted Time:
2018-03-05 20:49:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
93859 Biglari Holdings Inc. BH Retail-Eating Places (5812) 370684070
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1334429 Biglari Capital Corp. 17802 Ih 10 West, Suite 400
San Antonio TX 78257
No No Yes No
1334430 Biglari, Sardar 17802 Ih 10 West, Suite 400
San Antonio TX 78257
Yes No Yes No
1580602 Lion Fund Ii, L.p. 17802 Ih 10 West, Suite 400
San Antonio TX 78257
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Stated Value $0.50 Per Share Acquisiton 2018-03-01 1,491 $418.97 724,231 No 4 P Indirect By The Lion Fund II, L.P.
Common Stock, Stated Value $0.50 Per Share Acquisiton 2018-03-02 150 $419.68 724,381 No 4 P Indirect By The Lion Fund II, L.P.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By The Lion Fund II, L.P.
No 4 P Indirect By The Lion Fund II, L.P.
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock, Stated Value $0.50 Per Share 1 Direct
Common Stock, Stated Value $0.50 Per Share 31,018 Indirect See Footnote.
Common Stock, Stated Value $0.50 Per Share 365,726 Indirect By The Lion Fund, L.P.
Footnotes
  1. These transactions were effected pursuant to a Rule 10b5-1 trading plan.
  2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $414.10 to $420.00. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the U.S. Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  3. Shares owned directly by The Lion Fund II, L.P. (the "Lion Fund II"). Biglari Capital Corp ("BCC") is the general partner of the Lion Fund II. Sardar Biglari is the sole member, Chairman and Chief Executive Officer of BCC. By virtue of these relationships, BCC and Mr. Biglari may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by the Lion Fund II.
  4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $418.80 to $420.00. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
  5. Shares owned directly by BCC. Mr. Biglari may be deemed a beneficial owner of the shares of Common Stock of the Issuer owned directly by BCC.
  6. Shares owned directly by the The Lion Fund, L.P. (the "Lion Fund I"). BCC is the general partner of the Lion Fund I. Mr. Biglari is the sole member, Chairman and Chief Executive Officer of BCC. By virtue of these relationships, BCC and Mr. Biglari may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by the Lion Fund I.