Filing Details

Accession Number:
0000899243-22-004089
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-02-02 14:39:19
Reporting Period:
2021-04-01
Accepted Time:
2022-02-02 14:39:19
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1580608 Santander Consumer Usa Holdings Inc. SC Personal Credit Institutions (6141) 320414408
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1835432 P Donald Smith C/O Santander Consumer Usa Holdings Inc.
1601 Elm Street, Suite 800
Dallas TX 75201
Chief Technology Officer No Yes No 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 2021-04-01 1 $26.97 51 No 4 P Direct
Common Stock Disposition 2022-01-31 51 $0.00 0 No 4 D Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 D Direct
Footnotes
  1. Reflects shares acquired as a result of a dividend reinvestment plan administered by the Reporting Person's broker.
  2. Disposed of pursuant to the closing, on January 31, 2022, of the merger ("Merger") whereby Max Merger Sub, Inc. ("Merger Sub") merged with and into the Issuer, pursuant to the Agreement and Plan of Merger, dated August 23, 2021 (the "Merger Agreement"), by and between the Issuer, Santander Holdings USA, Inc. ("Parent") and Merger Sub. Pursuant to the Merger Agreement, each share of Common Stock held by the Reporting Person (other than restricted stock units of the Issuer ("Company RSUs")) was converted into the right to receive $41.50 (the "per share price"), less any required withholding taxes, in the form of American Depositary Shares of Banco Santander ("ADRs").
  3. (Continued from Footnote 2) Under the Merger Agreement, each Company RSU outstanding immediately prior to the effective time of the Merger was canceled and replaced with a restricted stock unit award providing the holder a right to receive a number of ADRs equal to the per share price divided by the closing value of an ADR immediately before the signing date.