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DECEMBER 1, 2005 – Sardar
Biglari, Phillip L. Cooley, Ph.D.
and Paul D Sonkin are elected to
the Board.
New Board composition after
December 1, 2005 (11 directors):
Paul C. Schorr, III (Chairman)
Roger D. Sack
Jones Yorke
Titus W. Greene
J. Alan Cowart
Thomas M. Hontzas
Jesse M. Harrington, III
Petros Vezertzis
Phillip L. Cooley
Paul D. Sonkin
Sardar Biglari
MARCH 30,
2006 –
Jonathan Dash
is elected to the
Board.
AUGUST 3,
2006 - Thomas
M. Hontzas
resigns from the
Board.
MARCH 22, 2006
– Sardar Biglari
appointed
Chairman of the
Board –
Salary/Comp $0
NOVEMBER 28, 2007
– Martin S. Fridson is
elected to the Board.
New Board
composition after
November 28, 2007 (6
directors):
Titus W. Greene
Phillip L. Cooley
Jonathan Dash
Sardar Biglari
Kenneth R. Cooper
Martin S. Fridson
Director
Compensation:
Sardar Biglari -
$13,500
Jonathan Dash -
$11,000
MARCH 30,
2010 – Merger
agreement with
Steak n Shake
approved
DECEMBER
1, 2005 –
Stanley L.
Bozeman, Jr.
resigns.
FEBRUARY 15, 2006 -
Petros Vezertzis and J.
Alan Cowart advise the
Company they will not
stand for reelection when
their current terms expire.
MARCH 21, 2006 - Paul C. Schorr, III, A. Jones Yorke,
Roger D. Sack, Jesse M. Harrington, III, Petros Vezertzis and
J. Alan Cowart resigned as directors. Additionally, Paul D.
Sonkin advised the Company that he will not stand for
reelection when his current term expires.
New Board composition after March 21, 2006 (5 directors):
Titus W. Greene
Thomas M. Hontzas
Phillip L. Cooley
Paul D. Sonkin
Sardar Biglari
Director
Compensation:
Sardar Biglari -
$13,000
Jonathan Dash -
$14,300
FEBRUARY
28, 2007 –
Kenneth R.
Cooper is
elected to
the Board.
Director
Compensation:
Sardar Biglari -
$14,000
Jonathan Dash -
$11,000
Western Sizzlin
APRIL 4,
2005 –
Initial 13D
filed (under
the name
Shawn
Sedaghat)
May 16,
2007 -
Sardar
Biglari
appointed
President
and CEO
AUGUST 13,
2007 – Peter
M. Dunn
resigns
AUGUST
17, 2007 –
Initial
Sardar
Biglari
13D filed
MARCH 7, 2008 – Following the proxy
contest, Sardar Biglari and Philip L.
Cooley were elected to the Board. Alan
B. Gilman and James Williamson, Jr.
were not reelected to the Board.
New Board composition after March 7,
2008 (9 directors):
Wayne L. Kelley
Ruth J. Person
John W. Ryan
Steven M. Schmidt
Edward W. Wilhelm
Geoffrey Ballotti
Fred Risk
Sardar Biglari
Philip L. Cooley
JUNE 19,
2008 – The
Board
appoints
Sardar
Biglari as
Chairman of
the Board.
NOVEMBER 10,
2008 – William
Regan is
appointed to the
Board. Geoffrey
Ballotti resigns
from the Board.
JANUARY
8, 2009 –
Fred Risk
decides not
to stand for
reelection.
MARCH 16,
2009 –
Edward W.
Wilhelm and
Steven M.
Schmidt
decide not
to stand for
reelection.
September 25,
2008 – Jonathan
Dash hired as a
consultant
March 5,
2010 –
Jonathan
Dash
ceases to
be a
consultant
MARCH 22, 2009 –
Wayne L. Kelley
resigns from the
Board.
New Board
composition
following the annual
meeting held on
April 24, 2009 (5
directors):
Ruth J. Person
John W. Ryan
Sardar Biglari
Philip L. Cooley
William Regan
NOVEMBER
16, 2009 –
Jonathan
Dash, Dash
Acquisitions
cease to be
members of
the Section
13(d) group.
MARCH 30, 2010
– Merger
agreement with
Western Sizzlin
approved
April 9,
2010 –
Company
name
changes
to Biglari
Holdings
Steak n Shake
June 4,
2008 –
Jonathan
Dash, Dash
Acquisitions
become
members of
the Section
13(d) group.