SEC Form 4 · accession 0000921895-16-003487
CCA INDUSTRIES INC · CAW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
LION FUND, L.P.
10% Owner
BIGLARI CAPITAL CORP.
10% Owner
Sardar Biglari
Director · 10% Owner · Other
Period of report
Dec 1, 2015
Accepted (ET)
Feb 23, 2016 · 7:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000721447
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1,F2 | holding | — | — | — | 776,259 | I | By The Lion Fund, L.P. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy) | $3.16 | Dec 1, 2015 | A | 75,000 | A | Dec 1, 2016 | Nov 30, 2020 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F1This Form 4 is filed jointly by Sardar Biglari, The Lion Fund, L.P. (the "Lion Fund"), and Biglari Capital Corp. ("BCC"). Each of Mr. Biglari, the Lion Fund and BCC is a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Common Stock. Each of Mr. Biglari, the Lion Fund and BCC disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein.
- F2Shares owned directly by the Lion Fund. BCC is the general partner of the Lion Fund. Mr. Biglari is the Chairman and Chief Executive Officer of BCC and has investment discretion over the securities owned by the Lion Fund. 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.