SEC Form 4 · accession 0000921895-15-000207

BIGLARI HOLDINGS INC. · BH

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owners

10% Owner

10% Owner

Officer — Chairman and CEO · Director · 10% Owner

Period of report

Feb 4, 2015

Accepted (ET)

Feb 6, 2015 · 7:31 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000093859

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock, stated value $0.50 per share^F1,F2	Feb 4, 2015	P	18	$415.00	A	349,611	I	By The Lion Fund, L.P.
Common Stock, stated value $0.50 per share^F1,F2	Feb 5, 2015	P	10	$415.00	A	349,621	I	By The Lion Fund, L.P.
Common Stock, stated value $0.50 per share^F1,F2	Feb 6, 2015	P	4	$415.00	A	349,625	I	By The Lion Fund, L.P.
Common Stock, stated value $0.50 per share^F1	holding	—	—		—	31,019	D

No Table II lines on this filing.

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.
F3The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.