SEC Form 4 · accession 0001209191-15-013078
Santander Consumer USA Holdings Inc. · SC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark T Gallogly
10% Owner
Period of report
Feb 28, 2014
Accepted (ET)
Feb 12, 2015 · 7:44 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 | 725,790 | $0.00 | D | 0 | D | |
| Common Stock, par value $0.01 per shareF1 | Feb 28, 2014 | G | 241,784 | $0.00 | D | 0 | I | By Trust |
| Common Stock, par value $0.01 per shareF2,F3 | holding | — | — | — | 4,130,826 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents charitable donations of shares of common stock, par value $0.01 per share ("Common Stock") of Santander Consumer USA Holdings, Inc. (the "Issuer") received by the Reporting Person directly through a trust in connection with a series of previously reported in-kind distributions on January 28, 2014, which receipt was exempt from reporting pursuant to Rule 16a-13 of the Securities Exchange Act of 1934, as amended. These shares were previously held by Centerbridge Associates II, L.P. as nominee for the Reporting Person and his trust pending such charitable donations.
- F2The Reporting Person is a managing member of Centerbridge GP Investors II, LLC, which is the general partner of Centerbridge Associates II, L.P. which is the general partner of CCP II AIV I, L.P., which is the managing member of Sponsor Auto Finance Super Holdings, LLC, which is a limited partner in Sponsor Auto Finance Holdings Series LP ("Sponsor Holdings LP") and a member of Sponsor Auto Finance GP LLC ("Sponsor GP"), and may be deemed to indirectly beneficially own these shares of Common Stock by virtue of such relationships with Sponsor Holdings LP, which directly holds these shares of Common Stock of the Issuer. The Reporting Person disclaims beneficial ownership over these shares of Common Stock of the Issuer except to the extent of his pecuniary interest therein.
- F3(Continued from footnote 2) The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person is the benefical owner of any securities reported herein.