0000921895-23-002772.txt : 20231215 0000921895-23-002772.hdr.sgml : 20231215 20231215172529 ACCESSION NUMBER: 0000921895-23-002772 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231214 FILED AS OF DATE: 20231215 DATE AS OF CHANGE: 20231215 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LION FUND, L.P. CENTRAL INDEX KEY: 0001334426 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38477 FILM NUMBER: 231491453 BUSINESS ADDRESS: STREET 1: 19100 RIDGEWOOD PKWY, SUITE 1200 CITY: SAN ANTONIO STATE: TX ZIP: 78259 BUSINESS PHONE: 210-344-3400 MAIL ADDRESS: STREET 1: 19100 RIDGEWOOD PKWY, SUITE 1200 CITY: SAN ANTONIO STATE: TX ZIP: 78259 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BIGLARI CAPITAL CORP. CENTRAL INDEX KEY: 0001334429 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38477 FILM NUMBER: 231491454 BUSINESS ADDRESS: STREET 1: 19100 RIDGEWOOD PKWY, SUITE 1200 CITY: SAN ANTONIO STATE: TX ZIP: 78259 BUSINESS PHONE: (210) 344-3400 MAIL ADDRESS: STREET 1: 19100 RIDGEWOOD PKWY, SUITE 1200 CITY: SAN ANTONIO STATE: TX ZIP: 78259 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BIGLARI, SARDAR CENTRAL INDEX KEY: 0001334430 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38477 FILM NUMBER: 231491455 MAIL ADDRESS: STREET 1: C/O BIGLARI HOLDINGS INC. STREET 2: 19100 RIDGEWOOD PKWY, SUITE 1200 CITY: SAN ANTONIO STATE: TX ZIP: 78259 FORMER NAME: FORMER CONFORMED NAME: Biglari Sardar DATE OF NAME CHANGE: 20050727 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Biglari Holdings Inc. CENTRAL INDEX KEY: 0001726173 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] IRS NUMBER: 823784946 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 19100 RIDGEWOOD PKWY, SUITE 1200 CITY: SAN ANTONIO STATE: TX ZIP: 78259 BUSINESS PHONE: 210-344-3400 MAIL ADDRESS: STREET 1: 19100 RIDGEWOOD PKWY, SUITE 1200 CITY: SAN ANTONIO STATE: TX ZIP: 78259 FORMER COMPANY: FORMER CONFORMED NAME: NBHSA Inc. DATE OF NAME CHANGE: 20171221 4 1 form408106003_12152023.xml OWNERSHIP DOCUMENT X0508 4 2023-12-14 0 0001726173 Biglari Holdings Inc. BH 0001334430 BIGLARI, SARDAR 19100 RIDGEWOOD PKWY, SUITE 1200 SAN ANTONIO TX 78259 1 1 1 0 Chairman and CEO 0001334429 BIGLARI CAPITAL CORP. 19100 RIDGEWOOD PKWY, SUITE 1200 SAN ANTONIO TX 78259 0 0 1 0 0001334426 LION FUND, L.P. 19100 RIDGEWOOD PKWY, SUITE 1200 SAN ANTONIO TX 78259 0 0 1 0 0 Class A common stock 2023-12-14 4 P 0 183 891.54 A 121055.7 I By The Lion Fund, L.P. Class B common stock 2023-12-14 4 P 0 484 178.45 A 1265371 I By The Lion Fund, L.P. Class A common stock 2023-12-15 4 P 0 81 887.87 A 121136.7 I By The Lion Fund, L.P. Class B common stock 2023-12-15 4 P 0 440 175.47 A 1265811 I By The Lion Fund, L.P. Class A common stock .1 D Class A common stock 25663.1 I By Biglari Capital Corp. Class B common stock 1 D Class B common stock 71855 I By Biglari Capital Corp. Shares owned directly by Biglari Capital Corp. ("BCC"), including shares of Class A and Class B common stock of the Issuer transferred for no consideration by Sardar Biglari to BCC. Mr. Biglari may be deemed a beneficial owner of the shares of Class A and Class B common stock of the Issuer owned directly by BCC. Shares owned directly by The Lion Fund, L.P. (the "Lion Fund"). BCC is the general partner of the Lion Fund. 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 Class A and Class B common stock of the Issuer owned directly by the Lion Fund. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $887.50 to $894.96. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $177.50 to $179.00. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $880.00 to $889.98. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $173.48 to $176.50. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commision, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. This Form 4 is filed jointly by Mr. Biglari, BCC and the Lion Fund. Each of Mr. Biglari, BCC and the Lion Fund disclaims beneficial ownership of the shares of Class A and Class B common stock reported herein except to the extent of his or its pecuniary interest therein. By: /s/ Sardar Biglari 2023-12-15 By: Biglari Capital Corp.; By: /s/ Sardar Biglari, Chairman and Chief Executive Officer 2023-12-15 By: The Lion Fund, L.P.; By: Biglari Capital Corp., its general partner; By: /s/ Sardar Biglari, Chairman and Chief Executive Officer 2023-12-15