Santander Consumer USA Holdings (SC) director Holiday returned to the company 16,421 shares

Insider transactions reported

Edith E Holiday (director at Santander Consumer USA Holdings Inc., SC) reported that they returned to the company 16,421 shares on Jan 31, 2022. After these transactions the filing shows 0 shares held directly.

Reporting person

Holiday Edith E

Holdings before and after

• Common Stock: 16,421 to 0 direct

Footnotes from the filing

1. 1. 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 ). The number of shares reported includes 1,340 Company RSUs.
2. 2. (Continued From Footnote 1) 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.

Transaction codes in this filing

Sale back to the company:

Code D marks a disposition back to the company under an exempt plan, as opposed to a sale in the market.

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