Accession Number: | 0001209191-16-123819 |
Date: | 2016-05-24 |
Issuer: | BIGLARI HOLDINGS INC. (BH) |
Original Submission Date: |
BIGLARI, SARDAR
17802 IH 10 WEST, SUITE 400
SAN ANTONIO, TX 78257
BIGLARI CAPITAL CORP.
17802 IH 10 WEST, SUITE 400
SAN ANTONIO, TX 78257
LION FUND II, L.P.
17802 IH 10 WEST, SUITE 400
SAN ANTONIO, TX 78257
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK, STATED VALUE $0.05 PER SHARE | 2016-05-24 | P | 1,025 | a | $373.07 | 641,337 f3 | indirect | ||
COMMON STOCK, STATED VALUE $0.05 PER SHARE | 2016-05-25 | P | 1,050 | a | $381.85 | 642,387 f3 | indirect | ||
COMMON STOCK, STATED VALUE $0.05 PER SHARE | 2016-05-26 | P | 1,051 | a | $381.49 | 643,438 f3 | indirect | ||
COMMON STOCK, STATED VALUE $0.05 PER SHARE | 2016-05-26 | J | 31,018 | a | $0.00 | 31,018 f6 | indirect | ||
COMMON STOCK, STATED VALUE $0.05 PER SHARE | 2016-05-24 | 0 | $0.00 | 1 | direct | ||||
COMMON STOCK, STATED VALUE $0.05 PER SHARE | 2016-05-24 | 0 | $0.00 | 365,726 f7 | indirect |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | these transactions were effected pursuant to a rule 10b5-1 trading plan. |
f2 | the price reported in column 4 is a weighted average price. these shares were purchased in multiple transactions at prices ranging from $369.79 to $376.52. the reporting persons undertake to provide to the issuer, any security holder of the issuer or the staff of the securities and exchange commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (2). |
f3 | 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. 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 ii. |
f4 | the price reported in column 4 is a weighted average price. these shares were purchased in multiple transactions at prices ranging from $376.90 to $386.46. the reporting persons undertake to provide to the issuer, any security holder of the issuer or the staff of the securities and exchange commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (4). |
f5 | the price reported in column 4 is a weighted average price. these shares were purchased in multiple transactions at prices ranging from $377.30 to $384.35. the reporting persons undertake to provide to the issuer, any security holder of the issuer or the staff of the securities and exchange commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote (5). |
f6 | on may 26, 2016, sardar biglari contributed 31,018 shares of common stock to bcc in exchange for additional membership interests in bcc. sardar biglari is the sole member and chairman and chief executive officer of bcc. by virtue of these relationships, mr. biglari may be deemed to beneficially own the shares of common stock of the issuer owned directly by bcc. |
f7 | 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. |