SEC Form 4 · accession 0001209191-15-013072
Santander Consumer USA Holdings Inc. · SC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Kabaker
Director
Period of report
Feb 28, 2014
Accepted (ET)
Feb 12, 2015 · 7:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001580608
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Feb 28, 2014 | G | 24,019 | $0.00 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a charitable donation of shares of common stock, par value $0.01 per share ("Common Stock") of Santander Consumer USA Holdings, Inc. received by the Reporting Person in connection with a series of previously reported in-kind distributions on January 28, 2014. These shares of Common Stock were previously held by Centerbridge Associates II, L.P. as nominee for the Reporting Person pending such charitable donation.
Remarks
Mr. Kabaker is a member of the board of directors of the Issuer and an executive of Centerbridge Partners, L.P. ("Centerbridge"), certain of whose affiliates may be deemed to beneficially own securities of the Issuer. Mr. Kabaker disclaims beneficial ownership of any securities of the Issuer that may be deemed to be beneficially owned by affiliates of Centerbridge, except as reported herein.