Biglari, Sardar's Form 4 filing
Biglari Holdings Inc. (BH) · filed Dec 20, 2021
- Accession no.
- 0001193805-21-001787
- Filed
- Dec 20, 2021, 8:02 PM ET
- Trade date
- Dec 17, 2021
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 1 non-derivative transaction. Open-market purchases total $1.50M. It was filed 3 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, SardarCIK 0001334430 | Director, Officer (Chairman and CEO), 10% Owner |
| Lion Fund, L.P.CIK 0001334426 | 10% Owner |
| Biglari Capital Corp.CIK 0001334429 | 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 |
|---|---|---|---|---|---|---|---|---|
| Dec 17, 2021 | Class B common stock | PPurchaseAcquired | +10,072 | $148.68F4 | +$1,497,504.96 | 890,272 | 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.
- F4
The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $143.09 to $150.96. 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.
Referenced by the price of 1 transaction in Table I.
Remarks
This Form 4 is filed jointly by Mr. Biglari, BCC, the Lion Fund I and the Lion Fund II. Each of Mr. Biglari, BCC, the Lion Fund I and Lion Fund II 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.