Form 4 for BH-A Biglari Holdings Inc.

Accepted 2021-12-15 00:00:00 ET · period of report 2021-12-13 · accession 0000921895-21-002858 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
MI	2021-12-15	2021-12-13+	BH-A	LION FUND II, L.P.	10%	P - Purchase	$143.89	+936	880.2K	+0.1%	+$134.7K

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Class B common stock	2021-12-13	P	A	389	$144.00	879,653	I By The Lion Fund II, L.P.	—	—	(F2) Shares owned directly by The Lion Fund II, L.P. (the "Lion Fund II"). BCC is the general partner of the Lion Fund II. Mr. Biglari is the sole member, Chairman and Chief Executive Officer of BCC. By virtue of these relationships, BCC and Mr. Biglari may be deemed to beneficially own the shares of Class A and Class B common stock of the Issuer owned directly by the Lion Fund II.
2	Common	Class B common stock	2021-12-14	P	A	547	$143.81	880,200	I By The Lion Fund II, L.P.	—	—	(F4) The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $143.00 to $144.00. 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. (F2) Shares owned directly by The Lion Fund II, L.P. (the "Lion Fund II"). BCC is the general partner of the Lion Fund II. Mr. Biglari is the sole member, Chairman and Chief Executive Officer of BCC. By virtue of these relationships, BCC and Mr. Biglari may be deemed to beneficially own the shares of Class A and Class B common stock of the Issuer owned directly by the Lion Fund II.