SEC Form 4 · accession 0001580608-15-000029
Santander Consumer USA Holdings Inc. · SC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George F Schmelzel III
Officer — EVP, Unsecured Lending
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 4:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001580608
Table I — non-derivative securities
No Table I lines on this filing.
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 | $22.72 | Feb 23, 2015 | A | 17,260 | A | — | Feb 23, 2025 | Common Stock | 17,260 | 17,260 | D |
Explanation of responses
- F1Granted pursuant to the Santander Consumer USA Holdings Inc. Omnibus Incentive 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 grant, which was February 23, 2015.