BIGLARI HOLDINGS INC. 4
4 · BIGLARI HOLDINGS INC. · Filed Sep 16, 2014
Insider Transaction Report
Form 4
COOLEY PHILIP L
Director10% Owner
Transactions
- Exercise of In-Money
Common Stock, stated value $.50 per share
2014-09-12$250.00/sh+1,096$274,000→ 6,585 total - Exercise of In-Money
Common Stock, stated value $.50 per share
2014-09-12$250.00/sh+134$33,500→ 807 total(indirect: By Spouse) - Exercise of In-Money
Subscription Rights (right to buy)
2014-09-12−5,480→ 0 totalExercise: $250.00From: 2014-08-19Exp: 2014-09-12→ Common Stock, stated value $0.50 per share (1,096 underlying) - Exercise of In-Money
Subscription Rights (right to buy)
2014-09-12−670→ 0 total(indirect: By Spouse)Exercise: $250.00From: 2014-08-19Exp: 2014-09-12→ Common Stock, stated value $0.50 per share (134 underlying)
Footnotes (2)
- [F1]Shares acquired by the Reporting Person and his spouse following the exercise of their basic subscription privileges in connection with the Issuer's subscription rights offering (the "Rights Offering"). The Reporting Person and his spouse have also exercised their oversubscription privileges in connection with the Rights Offering. The number of shares the Reporting Person and his spouse will acquire in connection with their oversubscription privileges has not yet been determined by the Issuer.
- [F2]The Reporting Person is also a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding common stock.