4//SEC Filing
Smith Donald P 4
Accession 0000899243-22-004089
CIK 0001580608other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 2:39 PM ET
Size
7.5 KB
Accession
0000899243-22-004089
Insider Transaction Report
Form 4
Smith Donald P
Chief Technology Officer
Transactions
- Purchase
Common Stock
2021-04-01$26.97/sh+0.814$22→ 50.689 total - Disposition to Issuer
Common Stock
2022-01-31−50.689→ 0 total
Footnotes (3)
- [F1]Reflects shares acquired as a result of a dividend reinvestment plan administered by the Reporting Person's broker.
- [F2]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").
- [F3](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.
Documents
Issuer
Santander Consumer USA Holdings Inc.
CIK 0001580608
Entity typeother
Related Parties
1- filerCIK 0001835432
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 2:39 PM ET
- Size
- 7.5 KB