BIGLARI HLDGS INC

CUSIP: 08986R101 Class: COM

Empirical Capital Management, LLC's Holding History (CIK: 0001642274)

Note: Option positions (PUT/CALL) are excluded.

Q4 2015
Shares 7,215 Value ($000) $2,351 Avg Close — Range —
Q3 2015
Shares 7,215 Value ($000) $2,639 Avg Close — Range —
Q2 2015
Shares 9,617 Value ($000) $3,979 Avg Close — Range —
Q1 2015
Shares 9,617 Value ($000) $3,982 Avg Close — Range —
Q4 2014
Shares 9,617 Value ($000) $3,842 Avg Close — Range —