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
- Reflects shares acquired as a result of a dividend reinvestment plan administered by the Reporting Person's broker.
- 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").
- (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.