Insider Trading History of Lion Fund Ii, L.p.

The following table details the insider trading activities (stock purchases, stock sales, and stock option exercises) of Lion Fund Ii, L.p. since 2014. This trader's CIK number is 1580602. At the time of last reporting, Lion Fund Ii, L.p. was the Officer of El Pollo Loco Holdings, Inc.. (stock ticker symbol LOCO). Also see all insider trading activities at El Pollo Loco Holdings, Inc..

Note that in the past LION FUND II, L.P. also reported insider trading activities as an insider of the following companies:

Insider Activities at El Pollo Loco Holdings, Inc. (LOCO)
Insider Activities at Cracker Barrel Old Country Store, Inc (CBRL)
Insider Activities at Biglari Holdings Inc. (BH)
Insider Activities at Insignia Systems Inc/mn (ISIG)
Insider Activities at Air T Inc (AIRT)

Yearly summary of insider trading at Insignia Systems Inc/mn (ISIG) by Lion Fund Ii, L.p.

		Insider Buying		Insider Sales		Option Exercises
Year	Symbol	Shares	Value	Shares	Value	Shares	Value
2018	ISIG	0	$0	848,603	$1,094,122	0	$0
2017	ISIG	0	$0	341,550	$438,736	0	$0
2014	ISIG	1,083,600	$4,502,547	0	$0	0	$0

Yearly summary of insider trading at Cracker Barrel Old Country Store, Inc (CBRL) by Lion Fund Ii, L.p.

		Insider Buying		Insider Sales		Option Exercises
Year	Symbol	Shares	Value	Shares	Value	Shares	Value
2019	CBRL	0	$0	2,089,764	$356,911,908	0	$0
2018	CBRL	0	$0	415,576	$74,340,379	0	$0

Yearly summary of insider trading at Biglari Holdings Inc. (BH) by Lion Fund Ii, L.p.

		Insider Buying		Insider Sales		Option Exercises
Year	Symbol	Shares	Value	Shares	Value	Shares	Value
2018	BH	45,935	$18,912,847	0	$0	0	$0
2017	BH	25,346	$9,647,280	0	$0	0	$0
2016	BH	37,925	$14,033,224	0	$0	0	$0
2015	BH	616,312	$258,851,040	0	$0	0	$0

Yearly summary of insider trading at Air T Inc (AIRT) by Lion Fund Ii, L.p.

		Insider Buying		Insider Sales		Option Exercises
Year	Symbol	Shares	Value	Shares	Value	Shares	Value
2016	AIRT	0	$0	338,500	$8,141,052	0	$0
2014	AIRT	102,996	$2,679,178	0	$0	0	$0

Yearly summary of insider trading at El Pollo Loco Holdings, Inc. (LOCO) by Lion Fund Ii, L.p.

		Insider Buying		Insider Sales		Option Exercises
Year	Symbol	Shares	Value	Shares	Value	Shares	Value
2023	LOCO	207,320	$2,226,230	0	$0	0	$0

Insider trading activities at 5 companies by Lion Fund Ii, L.p.:

1. Insignia Systems Inc/mn (ISIG)

2. Cracker Barrel Old Country Store, Inc (CBRL)

3. Biglari Holdings Inc. (BH)

4. Air T Inc (AIRT)

5. El Pollo Loco Holdings, Inc. (LOCO)

Table 1. Insider trading of Insignia Systems Inc/mn (ISIG) by Lion Fund Ii, L.p.

Trade Date	Symbol	Trade Type	Shares	Price ($)	Value ($)
2018-01-11	ISIG	Sale	2,818	1.22	3,437
2018-01-12	ISIG	Sale	56,445	1.23	69,427
2018-01-05	ISIG	Sale	248,159	1.24	308,709
2018-01-08	ISIG	Sale	354,010	1.37	484,285
2018-01-09	ISIG	Sale	21,615	1.27	27,559
2017-12-29	ISIG	Sale	136,116	1.20	163,611
2018-01-03	ISIG	Sale	29,440	1.26	37,094
2017-12-27	ISIG	Sale	99,999	1.25	124,998
2017-12-28	ISIG	Sale	53,852	1.25	67,476
2017-12-26	ISIG	Sale	8,001	1.22	9,761
2017-12-18	ISIG	Sale	1,721	1.25	2,149
2017-12-15	ISIG	Sale	17,648	1.25	22,042
2017-12-12	ISIG	Sale	7,726	1.30	10,051
2017-12-13	ISIG	Sale	23,075	1.25	28,843
2017-12-14	ISIG	Sale	28,241	1.24	35,018
2017-12-07	ISIG	Sale	3,100	1.37	4,250
2017-12-08	ISIG	Sale	36,666	1.37	50,085
2017-12-11	ISIG	Sale	32,806	1.30	42,680
2017-12-04	ISIG	Sale	18,629	1.45	27,012
2017-12-05	ISIG	Sale	5,599	1.40	7,838
2017-12-01	ISIG	Sale	4,487	1.46	6,533
2014-12-15	ISIG	Buy	208,100	4.01	835,313
2014-12-16	ISIG	Buy	460,750	4.24	1,952,658
2014-12-17	ISIG	Buy	414,750	4.13	1,714,576

Table 2. Insider trading of Cracker Barrel Old Country Store, Inc (CBRL) by Lion Fund Ii, L.p.

Trade Date	Symbol	Trade Type	Shares	Price ($)	Value ($)
2019-08-08	CBRL	Sale	68,630	170.13	11,676,021
2019-08-09	CBRL	Sale	190,010	171.71	32,626,617
2019-07-11	CBRL	Sale	2,963	176.11	521,813
2019-07-10	CBRL	Sale	72,947	174.39	12,721,227
2019-07-09	CBRL	Sale	67,996	172.27	11,713,670
2019-07-08	CBRL	Sale	15,000	172.05	2,580,750
2019-07-05	CBRL	Sale	66,154	172.76	11,428,765
2019-07-02	CBRL	Sale	149,681	171.51	25,671,788
2019-07-03	CBRL	Sale	94,440	173.42	16,377,784
2019-07-01	CBRL	Sale	26,090	171.83	4,483,044
2019-06-28	CBRL	Sale	80,000	170.84	13,667,200
2019-06-27	CBRL	Sale	134,097	170.61	22,878,289
2019-06-26	CBRL	Sale	55,557	170.05	9,447,467
2019-06-24	CBRL	Sale	13,887	169.97	2,360,373
2019-06-25	CBRL	Sale	141,799	170.83	24,223,523
2019-06-19	CBRL	Sale	1,600	170.53	272,848
2019-06-17	CBRL	Sale	72,339	170.03	12,299,800
2019-06-18	CBRL	Sale	25,000	170.31	4,257,750
2019-05-22	CBRL	Sale	2,520	169.90	428,148
2019-05-10	CBRL	Sale	12,130	170.02	2,062,342
2019-02-15	CBRL	Sale	7,400	171.75	1,270,950
2019-02-19	CBRL	Sale	22,304	172.01	3,836,511
2019-02-14	CBRL	Sale	97,969	170.11	16,665,506
2019-02-13	CBRL	Sale	7,458	169.05	1,260,774
2019-02-12	CBRL	Sale	29,325	169.56	4,972,347
2019-02-07	CBRL	Sale	300	170.49	51,147
2019-02-08	CBRL	Sale	53,373	169.40	9,041,386
2019-02-11	CBRL	Sale	25,000	169.37	4,234,250
2019-02-04	CBRL	Sale	54,000	169.12	9,132,480
2019-02-05	CBRL	Sale	72,036	170.29	12,267,010
2019-02-06	CBRL	Sale	45,942	170.30	7,823,922
2019-01-29	CBRL	Sale	21,440	169.04	3,624,217
2019-01-28	CBRL	Sale	140,000	169.54	23,735,600
2019-01-25	CBRL	Sale	4,739	169.32	802,407
2019-01-22	CBRL	Sale	3,300	169.12	558,096
2019-01-24	CBRL	Sale	53,194	169.19	8,999,892
2019-01-17	CBRL	Sale	4,783	169.00	808,327
2019-01-16	CBRL	Sale	1,685	170.00	286,450
2019-01-18	CBRL	Sale	2,993	168.94	505,637
2019-01-11	CBRL	Sale	45,000	169.18	7,613,100
2019-01-14	CBRL	Sale	52,924	169.17	8,953,153
2019-01-15	CBRL	Sale	51,759	169.43	8,769,527
2018-12-14	CBRL	Sale	15,000	172.42	2,586,300
2018-12-17	CBRL	Sale	9,936	171.39	1,702,931
2018-12-18	CBRL	Sale	17,322	170.12	2,946,818
2018-12-13	CBRL	Sale	32,600	174.70	5,695,220
2018-12-12	CBRL	Sale	80,000	175.20	14,016,000
2018-12-11	CBRL	Sale	17,000	174.88	2,972,960
2018-11-29	CBRL	Sale	171,441	182.57	31,299,983
2018-11-30	CBRL	Sale	67,027	181.67	12,176,795
2018-12-03	CBRL	Sale	5,250	179.69	943,372

Table 3. Insider trading of Biglari Holdings Inc. (BH) by Lion Fund Ii, L.p.

Trade Date	Symbol	Trade Type	Shares	Price ($)	Value ($)
2018-03-06	BH	Buy	687	419.79	288,392
2018-03-07	BH	Buy	1,061	418.63	444,169
2018-03-08	BH	Buy	89	420.00	37,380
2018-03-02	BH	Buy	150	419.68	62,952
2018-03-01	BH	Buy	1,491	418.97	624,685
2018-02-26	BH	Buy	1,338	419.90	561,826
2018-02-27	BH	Buy	646	419.46	270,971
2018-02-21	BH	Buy	1,407	417.77	587,798
2018-02-22	BH	Buy	769	418.01	321,450
2018-02-23	BH	Buy	1,407	416.99	586,699
2018-02-20	BH	Buy	1,407	401.71	565,207
2018-02-16	BH	Buy	1,221	401.02	489,646
2018-02-15	BH	Buy	1,221	401.42	490,132
2018-02-13	BH	Buy	1,221	403.37	492,514
2018-02-14	BH	Buy	1,221	402.65	491,631
2018-02-12	BH	Buy	1,221	405.54	495,164
2018-02-07	BH	Buy	1,173	395.70	464,152
2018-02-08	BH	Buy	1,187	395.78	469,787
2018-02-09	BH	Buy	1,187	390.92	464,019
2018-02-06	BH	Buy	1,187	393.66	467,272
2018-02-05	BH	Buy	905	400.05	362,047
2018-02-02	BH	Buy	1,218	407.66	496,531
2018-02-01	BH	Buy	803	414.64	332,954
2018-01-30	BH	Buy	1,084	415.89	450,826
2018-01-31	BH	Buy	862	416.43	358,961
2018-01-29	BH	Buy	816	417.31	340,521
2018-01-25	BH	Buy	1,244	414.00	515,009
2018-01-26	BH	Buy	780	418.93	326,766
2018-01-24	BH	Buy	1,006	412.66	415,134
2018-01-23	BH	Buy	1,250	410.36	512,946
2018-01-22	BH	Buy	1,250	412.29	515,364
2018-01-17	BH	Buy	689	419.26	288,872
2018-01-18	BH	Buy	1,391	415.45	577,888
2018-01-19	BH	Buy	1,391	417.04	580,097
2018-01-10	BH	Buy	271	419.67	113,729
2018-01-05	BH	Buy	1,979	417.61	826,442
2018-01-08	BH	Buy	1,557	417.02	649,304
2018-01-09	BH	Buy	1,559	418.94	653,129
2018-01-03	BH	Buy	806	419.31	337,967
2018-01-02	BH	Buy	1,490	418.72	623,888
2018-01-04	BH	Buy	960	416.95	400,275
2017-12-29	BH	Buy	695	418.95	291,170
2017-12-28	BH	Buy	638	418.78	267,181
2017-12-22	BH	Buy	918	419.16	384,785
2017-12-26	BH	Buy	588	418.43	246,035
2017-12-27	BH	Buy	1,987	419.25	833,053
2017-12-19	BH	Buy	479	417.03	199,756
2017-12-20	BH	Buy	1,296	418.97	542,981
2017-12-21	BH	Buy	451	419.23	189,071
2017-12-18	BH	Buy	2,320	412.85	957,821
2017-12-14	BH	Buy	1,666	408.61	680,745
2017-12-15	BH	Buy	1,666	414.01	689,745
2017-12-13	BH	Buy	1,666	393.56	655,672
2017-12-12	BH	Buy	1,666	385.04	641,476
2017-12-11	BH	Buy	1,666	377.29	628,561
2017-12-04	BH	Buy	10	335.00	3,350
2017-11-29	BH	Buy	10	335.00	3,350
2017-11-24	BH	Buy	347	334.84	116,190
2017-11-27	BH	Buy	1,507	333.88	503,154
2017-11-28	BH	Buy	1,199	334.15	400,648
2017-11-21	BH	Buy	32	334.47	10,703
2017-11-22	BH	Buy	1,386	331.95	460,081
2017-11-20	BH	Buy	654	334.98	219,073
2017-11-06	BH	Buy	1,136	333.46	378,806
2017-11-08	BH	Buy	700	334.50	234,152
2017-10-12	BH	Buy	80	335.00	26,800
2017-10-09	BH	Buy	1,335	334.75	446,897
2017-10-10	BH	Buy	120	334.95	40,193
2017-10-11	BH	Buy	250	334.97	83,742
2017-10-03	BH	Buy	211	333.84	70,440
2016-08-08	BH	Buy	263	398.47	104,797
2016-07-01	BH	Buy	157	399.75	62,760
2016-07-05	BH	Buy	410	399.62	163,844
2016-06-29	BH	Buy	581	398.13	231,313
2016-06-30	BH	Buy	30	400.00	12,000
2016-06-28	BH	Buy	807	397.88	321,089
2016-06-23	BH	Buy	17	400.00	6,800
2016-06-27	BH	Buy	301	398.54	119,960
2016-06-22	BH	Buy	484	398.11	192,685
2016-06-21	BH	Buy	445	396.80	176,576
2016-06-20	BH	Buy	430	398.00	171,140
2016-06-13	BH	Buy	610	414.39	252,777
2016-06-14	BH	Buy	643	416.72	267,950
2016-06-15	BH	Buy	31	419.01	12,989
2016-06-08	BH	Buy	230	419.11	96,395
2016-06-09	BH	Buy	11	418.64	4,605
2016-06-10	BH	Buy	813	418.13	339,939
2016-06-03	BH	Buy	598	417.94	249,928
2016-06-07	BH	Buy	513	418.26	214,567
2016-06-06	BH	Buy	382	418.00	159,676
2016-06-01	BH	Buy	1,051	415.10	436,270
2016-06-02	BH	Buy	273	419.17	114,433
2016-05-27	BH	Buy	939	394.33	370,275
2016-05-31	BH	Buy	780	400.49	312,382
2016-05-26	BH	Buy	1,051	381.49	400,945
2016-05-25	BH	Buy	1,050	381.85	400,942
2016-05-24	BH	Buy	1,025	373.07	382,396
2016-02-03	BH	Buy	854	383.99	327,927
2016-02-02	BH	Buy	892	389.74	347,648
2016-01-29	BH	Buy	1,275	375.40	478,635
2016-02-01	BH	Buy	1,604	383.76	615,551
2016-01-26	BH	Buy	1,229	361.33	444,074
2016-01-27	BH	Buy	1,190	372.78	443,608
2016-01-28	BH	Buy	1,275	374.07	476,939
2016-01-25	BH	Buy	997	354.76	353,695
2016-01-22	BH	Buy	1,195	349.27	417,377
2016-01-21	BH	Buy	1,063	349.59	371,614
2016-01-15	BH	Buy	1,071	338.54	362,576
2016-01-19	BH	Buy	1,195	341.60	408,212
2016-01-20	BH	Buy	1,195	342.76	409,598
2016-01-13	BH	Buy	1,075	345.60	371,520
2016-01-12	BH	Buy	1,040	336.33	349,783
2016-01-14	BH	Buy	1,069	341.75	365,330
2016-01-11	BH	Buy	1,075	330.67	355,470
2016-01-07	BH	Buy	943	330.00	311,190
2016-01-08	BH	Buy	943	327.11	308,464
2016-01-06	BH	Buy	943	333.67	314,650
2016-01-05	BH	Buy	943	332.88	313,905
2016-01-04	BH	Buy	934	327.65	306,025
2015-07-01	BH	Buy	616,312	420.00	258,851,040

Table 4. Insider trading of Air T Inc (AIRT) by Lion Fund Ii, L.p.

Trade Date	Symbol	Trade Type	Shares	Price ($)	Value ($)
2016-07-01	AIRT	Sale	329,738	24.01	7,917,009
2016-05-31	AIRT	Sale	800	25.51	20,408
2016-05-10	AIRT	Sale	1,864	25.43	47,407
2016-05-09	AIRT	Sale	550	25.87	14,228
2016-05-05	AIRT	Sale	360	26.04	9,374
2016-03-31	AIRT	Sale	21	25.50	535
2016-04-12	AIRT	Sale	500	25.00	12,500
2016-03-28	AIRT	Sale	1,711	25.02	42,809
2016-03-29	AIRT	Sale	100	25.04	2,504
2016-03-22	AIRT	Sale	2,100	26.00	54,600
2016-03-21	AIRT	Sale	756	26.03	19,678
2014-12-15	AIRT	Buy	64,496	25.56	1,648,453
2014-12-16	AIRT	Buy	28,000	26.85	751,772
2014-12-17	AIRT	Buy	10,500	26.57	278,953

Table 5. Insider trading of El Pollo Loco Holdings, Inc. (LOCO) by Lion Fund Ii, L.p.

Trade Date	Symbol	Trade Type	Shares	Price ($)	Value ($)
2023-08-07	LOCO	Buy	100,560	10.63	1,068,952
2023-08-08	LOCO	Buy	106,760	10.84	1,157,278

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Lion Fund Ii, L.p. (Officer of El Pollo Loco Holdings, Inc. at the time of this reporting) see the Securities and Exchange Commission (SEC) website.

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