Form 4 for LOCO El Pollo Loco Holdings, Inc.
Accepted 2023-08-17 00:00:00 ET · period of report 2023-08-15 · accession 0000921895-23-001996 · 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 | 2023-08-17 | 2023-08-15+ | LOCO | BIGLARI, SARDAR | 10% | P - Purchase | $10.17 | +120.0K | 45.7K | New | +$1.22M |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.01 per share | 2023-08-17 | P | A | 20,000 | $10.08 | 120,000 | I By First Guard Insurance Company | — | — | (F5) The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.04 to $10.15. 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 First Guard Insurance Company ("First Guard"). First Guard is a wholly owned subsidiary of Biglari Holdings Inc. ("Biglari Holdings"). Mr. Biglari is the Chairman and Chief Executive Officer of Biglari Holdings and has investment discretion over the securities owned by First Guard. By virtue of these relationships, Biglari Holdings and Sardar Biglari may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by First Guard. |
| 2 | Common | Common Stock, par value $0.01 per share | 2023-08-16 | P | A | 54,300 | $10.20 | 100,000 | I By First Guard Insurance Company | — | — | (F4) The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.17 to $10.29. 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 First Guard Insurance Company ("First Guard"). First Guard is a wholly owned subsidiary of Biglari Holdings Inc. ("Biglari Holdings"). Mr. Biglari is the Chairman and Chief Executive Officer of Biglari Holdings and has investment discretion over the securities owned by First Guard. By virtue of these relationships, Biglari Holdings and Sardar Biglari may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by First Guard. |
| 3 | Common | Common Stock, par value $0.01 per share | 2023-08-15 | P | A | 45,700 | $10.18 | 45,700 | I By First Guard Insurance Company | — | — | (F3) The price reported in column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.09 to $10.25 . 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 First Guard Insurance Company ("First Guard"). First Guard is a wholly owned subsidiary of Biglari Holdings Inc. ("Biglari Holdings"). Mr. Biglari is the Chairman and Chief Executive Officer of Biglari Holdings and has investment discretion over the securities owned by First Guard. By virtue of these relationships, Biglari Holdings and Sardar Biglari may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by First Guard. |