# EDGAR Filing Document

**Accession Number:** 0001723580
**File Stem:** 0000899243-23-009521
**Filing Date:** 2023-3
**Character Count:** 7935
**Document Hash:** e90a771b2c7190da01bf493e1923312c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000899243-23-009521.hdr.sgml**: 20230323

**ACCESSION NUMBER**: 0000899243-23-009521

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230321

**FILED AS OF DATE**: 20230323

**DATE AS OF CHANGE**: 20230323

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** RABINOVITCH MICHAEL
- **CENTRAL INDEX KEY:** 0001334770

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-38417
- **FILM NUMBER:** 23756390

**MAIL ADDRESS:**
- **STREET 1:** C/O MAYOR'S JEWELERS, INC.
- **STREET 2:** 14051 NORTHWEST 14TH STREET, SUITE 200
- **CITY:** SUNRISE
- **STATE:** FL
- **ZIP:** 33323
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BurgerFi International, Inc.
- **CENTRAL INDEX KEY:** 0001723580
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-EATING PLACES [5812]
- **IRS NUMBER:** 822418815
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0102

**BUSINESS ADDRESS:**
- **STREET 1:** 200 WEST CYPRESS CREEK ROAD
- **STREET 2:** SUITE 220
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33309
- **BUSINESS PHONE:** (954) 618-2000

**MAIL ADDRESS:**
- **STREET 1:** 200 WEST CYPRESS CREEK ROAD
- **STREET 2:** SUITE 220
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33309

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Opes Acquisition Corp.
- **DATE OF NAME CHANGE:** 20171122

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>RABINOVITCH MICHAEL<br><sub>(Last) (First) (Middle)</sub><br>C/O BURGERFI INTERNATIONAL, INC.,<br>200 WEST CYPRESS CREEK RD., SUITE 220<br><sub>(Street)</sub><br>FORT LAUDERDALE, FL 33309<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-21 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_CFO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>BurgerFi International, Inc. [ BFI ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-03-21<sup>(1)(2)</sup> |  | M |  | 63000 | A | <sup>(3)</sup> | 497659 | D |  |
| Common Stock | 2023-03-21 |  | F |  | 24793<sup>(4)</sup> | D | $1.20 | 472866 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Restricted Stock Units | <sup>(3)</sup> | 2023-03-21 |  | M |  |  | 63000 | <sup>(1)(2)</sup> | <sup>(1)(2)</sup> | Common Stock | 63000 | $0.00 | 60000<sup>(5)</sup> | D |  |

---

### Footnotes:

(1) The shares are part of a grant of 130,000 restricted stock units made on July 13, 2021 under the issuer's 2020 Omnibus Equity Incentive Plan (the "Plan"). The restricted stock units shall vest and be settled in shares of common stock in annual installments of 25,000 restricted stock units on February 26, 2022, 30,000 restricted stock units on February 26, 2023, 35,000 restricted stock units on February 26, 2023 and 40,000 restricted stock units on February 26, 2023, subject to the Reporting Person's achievement of certain key performance criteria and earlier vesting due to a change of control or certain termination or resignation events. On February 26, 2023, 40% of the portions eligible to vest on February 26, 2023 (the "2023 Portions") vested based on achievement of one of the Reporting Person's key performance criteria, at which point a determination regarding satisfaction of the remaining key performance criteria with respect to the 2023 Portions had not yet been made.

(2) (Continued from Footnote 1) On March 21, 2023, the remaining 60% of the 2023 Portions vested based on achievement of the Reporting Person's remaining key performance criteria with respect to the 2023 Portions.

(3) Each restricted stock unit represents a contingent right to receive one share of BurgerFi International, Inc. common stock.

(4) Shares disposed of represent shares withheld by the issuer to pay taxes due upon vesting of restricted stock units.

(5) Reflects forfeiture of 40,000 restricted stock units granted to the Reporting Person on July 13, 2021 due to the condition with respect to calendar year 2022 applicable to such restricted stock units not being satisfied.  Such 40,000 restricted stock units were inadvertently included in the amount reported in the number of derivative securities beneficially owned following the reported transaction in Table II, Box 9 of the Form 4 filed by the Reporting Person on February 28, 2023.

**Signature:** /s/ Stefan Schnopp, Attorney-in-Fact for Michael Rabinovitch  
**Date:** 2023-03-23

### Remarks:

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 4 (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.**