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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BIGLARI, SARDAR 17802 IH 10 WEST, SUITE 400 SAN ANTONIO, TX 78257 |
X | X | Chairman and CEO | |
LION FUND, L.P. 17802 IH 10 WEST, SUITE 400 SAN ANTONIO, TX 78257 |
X | |||
BIGLARI CAPITAL CORP. 17802 IH 10 WEST, SUITE 400 SAN ANTONIO, TX 78257 |
X | |||
Western Acquisitions L.P. 401 ALBEMARLE AVENUE SE ROANOKE, VA 24011 |
See Explanation of Responses | |||
Western Investments Inc. 401 ALBEMARLE AVENUE SE ROANOKE, VA 24011 |
See Explanation of Responses | |||
WESTERN SIZZLIN CORP 401 ALBEMARLE AVENUE SE ROANOKE, VA 24011 |
See Explanation of Responses |
/s/ Biglari, Sardar | 07/08/2013 | |
**Signature of Reporting Person | Date | |
By: The Lion Fund L.P., By: Biglari Capital Corp., General Partner, By: /s/ Sardar Biglari, Chairman and Chief Executive Officer | 07/08/2013 | |
**Signature of Reporting Person | Date | |
By: Biglari Capital Corp., By: /s/ Sardar Biglari, Chairman and Chief Executive Officer | 07/08/2013 | |
**Signature of Reporting Person | Date | |
By: Western Acquisitions L.P., By: Western Investments Inc., General Partner, By: /s/ Sardar Biglari, Chairman and Chief Executive Officer | 07/08/2013 | |
**Signature of Reporting Person | Date | |
By: Western Investments Inc., By: /s/ Sardar Biglari, Chairman and Chief Executive Officer | 07/08/2013 | |
**Signature of Reporting Person | Date | |
By: Western Sizzlin Corp., By: /s/ Sardar Biglari, Chairman and Chief Executive Officer | 07/08/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | This Form 4 is filed jointly by Sardar Biglari, The Lion Fund, L.P. (the "Lion Fund"), Biglari Capital Corp. ("BCC"), Western Acquisitions L.P. ("Western Acquisitions"),Western Investments Inc. ("Western Investments") and Western Sizzlin Corp. ("WSC"). Each of Mr. Biglari, the Lion Fund and BCC is a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding Common Stock. Each of Mr. Biglari, the Lion Fund and BCC disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein. |
(2) | Effective July 3, 2013, Western Acquisitions made a pro-rata distribution for no additional consideration of the 2,386 shares of Common Stock of the Issuer owned by it to its limited partners, whereupon 758 of such shares were contributed to the Lion Fund. As a result of such distribution, Western Acquisitions, Western Investments and WSC are no longer subject to the reporting requirements of Section 16 with respect to securities of the Issuer. |
(3) | Shares owned directly by the Lion Fund. BCC is the general partner of the Lion Fund. Mr. Biglari is the Chairman and Chief Executive Officer of BCC and has investment discretion over the securities owned by the Lion Fund. By virtue of these relationships, BCC and Mr. Biglari may be deemed to beneficially own the shares of Common Stock of the Issuer owned directly by the Lion Fund. |