FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 03/04/2008 |
3. Issuer Name and Ticker or Trading Symbol
AMERICREDIT CORP [ ACF ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 0 | D | |
Common Stock | 26,086,440 | I | See Explanation(1) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Call Option (right to buy) | 03/14/2008 | 03/14/2008 | Common Stock | 3,250,000 | $9 | I | See Eplanation(2) |
Explanation of Responses: |
1. Reflects 26,086,440 shares of AmeriCredit common stock directly owned by Baldwin Enterprises, Inc. ("Baldwin") and indirectly owned by Phlcorp, Inc. ("Phlcorp") and Leucadia National Corporation ("Leucadia"). Baldwin is a wholly-owned subsidiary of Phlcorp and Phlcorp is a wholly-owned subsidiary of Leucadia. The Reporting Person is a significant shareholder and Chairman of Leucadia. The Reporting Person disclaims beneficial ownership of the AmeriCredit common stock and options to purchase AmeriCredit common stock owned by Leucadia and its subsidiaries, except to the extent of his pecuniary interest, if any. |
2. Reflects call options representing the right to buy 3,250,000 shares of AmeriCredit common stock directly owned by RCG Baldwin, L.P. ("RCG Baldwin") and indirectly owned by Baldwin, Phlcorp and Leucadia. Baldwin is a wholly-owned subsidiary of Phlcorp and Phlcorp is a wholly-owned subsidiary of Leucadia. Baldwin, the sole limited partner of RCG Baldwin, has sole decision making authority and sole pecuniary interest with respect to these shares of AmeriCredit common stock and options to purchase AmeriCredit common stock pursuant to an agreement with the general partner. The Reporting Person is a significant shareholder and Chairman of Leucadia. The Reporting Person disclaims beneficial ownership of the AmeriCredit common stock and options to purchase AmeriCredit common stock owned by Leucadia and its subsidiaries, except to the extent of his pecuniary interest, if any. |
/s/ Ian M. Cumming | 03/12/2008 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |