The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABRAXAS PETE CORP COM 003830106 805 2,292,201 SH   DFND 1,2 2,292,201 0 0
BAUSCH HEALTH COS INC COM 071734107 11,818 395,000 SH   DFND 1,2 395,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 679 2 SH   DFND 1,2 2 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 14,387 23,979 SH   DFND 1 23,979 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 21,943 36,572 SH   DFND 1,2 36,572 0 0
BIGLARI HLDGS INC COM STK CL A 08986R408 43,573 72,621 SH   DFND 1,3 72,621 0 0
BIGLARI HLDGS INC COM STK CL B 08986R309 6,295 55,014 SH   DFND 1 0 0 55,014
BIGLARI HLDGS INC COM STK CL B 08986R309 41,846 365,726 SH   DFND 1,2 0 0 365,726
BIGLARI HLDGS INC COM STK CL B 08986R309 83,094 726,218 SH   DFND 1,3 0 0 726,218
CRACKER BARREL OLD CTRY STOR COM 22410J106 307,480 2,000,000 SH   DFND 1,3 2,000,000 0 0
ELECTRONIC ARTS INC COM 285512109 226 2,100 SH   DFND 1,2 2,100 0 0
ENERGY TRANSFER LP COM UT LTD PTN 29273V100 943 73,477 SH   DFND 1,2 73,477 0 0
TIFFANY & CO NEW COM 886547108 50,119 375,000 SH   DFND 1,3 375,000 0 0
UNICO AMERN CORP COM 904607108 3,321 527,100 SH   DFND 1,2 527,100 0 0