Home > Insider Trading > Filing (0000899243-22-003613)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1580608	Santander Consumer Usa Holdings Inc.	SC	National Commercial Banks (6021)	VA

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
811830	Santander Holdings Usa, Inc.	75 State Street Boston MA 02109		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2022-01-27	14,184,414	$41.50	259,777,969	No	4	P	Indirect	See note (2) in Explanation of Responses below.

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See note (2) in Explanation of Responses below.

Footnotes

Pursuant to an Agreement and Plan of Merger dated as of August 23, 2021, on September 7, 2021, Max Merger Sub, Inc. ("Purchaser"), a Delaware corporation and a direct wholly owned subsidiary of Santander Holdings USA, Inc. (the "Reporting Person"), commenced a tender offer (the "Offer") to acquire all of the outstanding shares of common stock of Santander Consumer USA Holdings Inc. ("SC") not already owned by the Reporting Person, at a purchase price of $41.50 per share. As of the expiration of the Offer at 5:00 p.m., New York City time, on January 27, 2022, 14,184,414 shares had been tendered and not validly withdrawn pursuant to the Offer (including shares subject to guaranteed delivery). Purchaser accepted for purchase all shares tendered and not validly withdrawn pursuant to the Offer.
This number reflects 245,593,555 shares owned directly by the Reporting Person, and 14,184,414 shares, which were tendered in the Offer and accepted for purchase on January 27, 2022, and thereupon owned by Purchaser, a direct wholly owned subsidiary of the Reporting Person. Following Purchaser's acceptance for purchase of shares tendered in the Offer, on January 31, 2022, Purchaser was merged with and into SC, with SC surviving the merger as a direct wholly owned subsidiary of the Reporting Person.