BIGLARI HLDGS INC

CUSIP: 08986R101 Class: COM

TWO SIGMA INVESTMENTS, LP's Holding History (CIK: 0001179392)

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

Q4 2016
Shares 1,302 Value ($000) $616 Avg Close — Range —
Q2 2016
Shares 1,982 Value ($000) $799 Avg Close — Range —
Q1 2015
Shares 1,378 Value ($000) $571 Avg Close — Range —