SEC Form 4 · accession 0001580608-15-000021
Santander Consumer USA Holdings Inc. · SC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R. Michele Rodgers
Officer — Chief Compliance Officer
Period of report
Feb 6, 2015
Accepted (ET)
Feb 10, 2015 · 5:21 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 | Feb 6, 2015 | M | 14,668 | $9.21 | A | 14,668 | D | |
| Common Stock | Feb 6, 2015 | M | 7,533 | $9.21 | A | 22,201 | D | |
| Common Stock | Feb 6, 2015 | S | 22,201 | $20.7228 | D | 0 | 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)F1 | $9.21 | Feb 6, 2015 | M | 14,668 | D | — | Dec 31, 2021 | Common Stock | 14,668 | 37,485 | D |
| Stock option (right to buy)F2 | $9.21 | Feb 9, 2015 | M | 7,533 | D | — | May 31, 2022 | Common Stock | 7,533 | 26,781 | D |
Explanation of responses
- F1Granted pursuant to the Santander Consumer USA Inc. 2011 Management Equity Plan. The stock option award is time vested, generally based on continued service, and is scheduled to vest 20% on December 31 of each of 2012, 2013, 2014, 2015, and 2016.
- F2Granted pursuant to the Santander Consumer USA Inc. 2011 Management Equity Plan. The stock option award is time vested, generally based on continued service, and is scheduled to vest in equal installments on each of the first through fifth anniversaries of the date of the grant, which grant occurred on May 31, 2012.