Biglari Capital Corp.'s Form 4 filing
El Pollo Loco Holdings, Inc.LOCO · filed Aug 9, 2023
- Accession no.
- 0000921895-23-001862
- Filed
- Aug 9, 2023, 5:43 PM ET
- Trade date
- Aug 7-8, 2023
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 2 non-derivative transactions. Open-market purchases total $2.23M. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Biglari Capital Corp.CIK 0001334429 | 10% Owner |
| Biglari, SardarCIK 0001334430 | 10% Owner |
| Lion Fund II, L.P.CIK 0001580602 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 7, 2023 | Common Stock, par value $0.01 per share | PPurchaseAcquired | +100,560 | $10.63F2 | +$1,068,952.8 | 3,893,240 | Indirect | |
| Aug 8, 2023 | Common Stock, par value $0.01 per share | PPurchaseAcquired | +106,760 | $10.84F3 | +$1,157,278.4 | 4,000,000 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.57 to $10.80. 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.
Referenced by the price of 1 transaction in Table I.
- F3
The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.71 to $11.00. 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.
Referenced by the price of 1 transaction in Table I.
Remarks
This Form 4 is filed jointly by Mr. Biglari, BCC and the Lion Fund II. Each of Mr. Biglari, BCC and Lion Fund II disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein.