SEC Form 3

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

OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response: 0.5

1. Name and Address of Reporting Person* Saban Capital Acquisition Corp. (Last) (First) (Middle) 10100 SANTA MONICA BOULEVARD 26TH FLOOR (Street) LOS ANGELES CA 90067 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 09/15/2016	3. Issuer Name and Ticker or Trading Symbol Saban Capital Acquisition Corp. [ SCAC ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
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)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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
Class F ordinary shares	(1)	(1)	Class A ordinary shares	5,561,000	(1)	D(2)

1. Name and Address of Reporting Person* Saban Capital Acquisition Corp. (Last) (First) (Middle) 10100 SANTA MONICA BOULEVARD 26TH FLOOR (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* HSAC Investments LP (Last) (First) (Middle) 10100 SANTA MONICA BOULEVARD 26TH FLOOR (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Alpha Family Trust (Last) (First) (Middle) 10100 SANTA MONICA BOULEVARD 26TH FLOOR (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Saban Capital Group, Inc. (Last) (First) (Middle) 10100 SANTA MONICA BOULEVARD 26TH FLOOR (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* SCG Investment Holdings, Inc. (Last) (First) (Middle) 10100 SANTA MONICA BOULEVARD 26TH FLOOR (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Saban Cheryl (Last) (First) (Middle) 10100 SANTA MONICA BOULEVARD 26TH FLOOR (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* Saban Haim (Last) (First) (Middle) 10100 SANTA MONICA BOULEVARD 26TH FLOOR (Street) LOS ANGELES CA 90067 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) X Other (specify below) Chairman of the Board

Explanation of Responses:

1. The Class F ordinary shares are convertible for the Class A ordinary shares of Saban Capital Acquisition Corp. (the "Issuer") as described under the heading "Description of Securities-Founder Shares" in the Issuer's Registration Statement on Form S-1 (File No. 333-213259) and have no expiration date. The Class F ordinary shares beneficially owned by the reporting person includes up to 750,000 Class F ordinary shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised as described in the Issuer's Registration Statement on Form S-1 (File No. 333-213259).

2. The Class F ordinary shares are held directly by Saban Sponsor LLC (the "Sponsor"). Haim Saban and his spouse, Cheryl Saban, share voting and dispositive power over the founder shares held by the Sponsor as a result of being the co-trustees of Alpha Family Trust (the "Trust"), which is the sole shareholder of SCG Investment Holdings, Inc. ("SCG Investments"), the sole shareholder of Saban Capital Group, Inc. ("SCG"), the general partner of HSAC Investments LP ("HSAC"), which controls the Sponsor. Each of Haim Saban, Cheryl Saban, the Trust, SCG Investments, SCG and HSAC disclaims beneficial ownership of the Class F ordinary shares except to the extent of his, her or its pecuniary interest therein.

Remarks:

Exhibit 24 -- Powers of Attorney

	/s/ Adam Chesnoff, as attorney-in-fact for Saban Sponsor LLC	09/15/2016
	/s/ Adam Chesnoff, as attorney-in-fact for HSAC Investments LP	09/15/2016
	/s/ Adam Chesnoff, as attorney-in-fact for Alpha Family Trust	09/15/2016
	/s/ Adam Chesnoff, as attorney-in-fact for Saban Capital Group, Inc.	09/15/2016
	/s/ Adam Chesnoff, as attorney-in-fact for SCG Investment Holdings, Inc.	09/15/2016
	/s/ Adam Chesnoff, as attorney-in-fact for Cheryl Saban	09/15/2016
	/s/ Adam Chesnoff, as attorney-in-fact for Haim Saban	09/15/2016
	** 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.