SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5

1. Name and Address of Reporting Person* BIGLARI, SARDAR (Last) (First) (Middle) C/O BIGLARI HOLDINGS INC. 19100 RIDGEWOOD PKWY, SUITE 1200 (Street) SAN ANTONIO TX 78259 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 08/04/2023	3. Issuer Name and Ticker or Trading Symbol El Pollo Loco Holdings, Inc. [ LOCO ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.01 per share	3,792,680	I	By The Lion Fund II, L.P.(1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* BIGLARI, SARDAR (Last) (First) (Middle) C/O BIGLARI HOLDINGS INC. 19100 RIDGEWOOD PKWY, SUITE 1200 (Street) SAN ANTONIO TX 78259 (City) (State) (Zip)

1. Name and Address of Reporting Person* BIGLARI CAPITAL CORP. (Last) (First) (Middle) 19100 RIDGEWOOD PKWY, SUITE 1200 (Street) SAN ANTONIO TX 78259 (City) (State) (Zip)

1. Name and Address of Reporting Person* LION FUND II, L.P. (Last) (First) (Middle) 19100 RIDGEWOOD PKWY, SUITE 1200 (Street) SAN ANTONIO TX 78259 (City) (State) (Zip)

Explanation of Responses:

1. Shares owned directly by The Lion Fund II, L.P. (the "Lion Fund II"). Biglari Capital Corp. ("BCC") is the general partner of the Lion Fund II. Mr. Biglari is the sole member, Chairman and Chief Executive Officer of BCC. 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 II.

Remarks:

This Form 3 is filed jointly by Mr. Biglari, BCC and the Lion Fund II. Each of Mr. Biglari, BCC and Lion Fund II disclaims beneficial ownership of the shares of Common Stock reported herein except to the extent of his or its pecuniary interest therein.

	By: /s/ Sardar Biglari	08/09/2023
	By: Biglari Capital Corp.; By: /s/ Sardar Biglari, Chairman and Chief Executive Officer	08/09/2023
	By: The Lion Fund II, L.P.; By: Biglari Capital Corp., its general partner; By: /s/ Sardar Biglari, Chairman and Chief Executive Officer	08/09/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.