SEC Form 4 · accession 0000899243-18-020955
Santander Consumer USA Holdings Inc. · SC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Morrin
Officer — See Remarks
Period of report
Jul 30, 2018
Accepted (ET)
Aug 1, 2018 · 4:05 pm EDT
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 StockF1 | Jul 30, 2018 | S | 26,096 | $19.46 | D | 75,054 | D | |
| Common Stock | Jul 30, 2018 | M | 33,582 | $9.21 | A | 108,636 | D | |
| Common StockF2 | Jul 30, 2018 | S | 33,582 | $19.54 | D | 75,054 | D | |
| Common Stock | Jul 30, 2018 | M | 14,816 | $12.10 | A | 89,870 | D | |
| Common StockF3 | Jul 30, 2018 | S | 14,816 | $19.46 | D | 75,054 | D | |
| Common Stock | Jul 30, 2018 | M | 7,466 | $9.21 | A | 82,520 | D | |
| Common StockF4 | Jul 30, 2018 | S | 7,466 | $19.45 | D | 75,054 | D | |
| Common Stock | Jul 30, 2018 | M | 3,296 | $12.10 | A | 78,350 | D | |
| Common StockF5 | Jul 30, 2018 | S | 3,296 | $19.44 | D | 75,054 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F6 | $9.21 | Jul 30, 2018 | M | 41,048 | D | — | Dec 31, 2021 | Common Stock | 41,048 | 0 | D |
| Stock option (right to buy)F6 | $12.10 | Jul 30, 2018 | M | 18,112 | D | — | Dec 31, 2021 | Common Stock | 18,112 | 0 | D |
Explanation of responses
- F1The reported price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.38 - $19.58, inclusive. The reporting person undertakes to provide to Santander Consumer USA Holdings Inc. ("SC"), any securityholder of SC, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges reported in this footnote 2 and footnotes 3 through 6 below.
- F2The reported price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.50 - $19.58, inclusive.
- F3The reported price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.39 - $19.54, inclusive.
- F4The reported price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.37 - $19.54, inclusive.
- F5The reported price is a weighted average price. The shares were sold in multiple transactions at prices ranging from $19.41 - $19.46, inclusive.
- F6Granted pursuant to the Santander Consumer USA Inc. 2011 Management Equity Plan. The options are fully vested.
Remarks
President, Chrysler Capital and Auto Relationships