SEC Form 4 · accession 0001580608-15-000051
Santander Consumer USA Holdings Inc. · SC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eldridge A. Burns
Officer — CLO and General Counsel
Period of report
Mar 3, 2015
Accepted (ET)
Mar 4, 2015 · 4:23 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 | Mar 3, 2015 | M | 11,052 | $12.10 | A | 36,731 | D | |
| Common Stock | Mar 3, 2015 | M | 25,049 | $9.21 | A | 61,780 | D | |
| Common Stock | Mar 3, 2015 | S | 36,101 | $21.8768 | D | 25,679 | 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 | $12.10 | Mar 3, 2015 | M | 11,052 | D | — | Dec 31, 2021 | Common Stock | 11,052 | 28,248 | D |
| Stock option (right to buy)F1 | $9.21 | Mar 3, 2015 | M | 25,049 | D | — | Dec 31, 2021 | Common Stock | 25,049 | 64,017 | D |
Explanation of responses
- F1Granted pursuant to the Santander Consumer USA Inc. 2011 Management Equity Plan. Subject to the Company's achievement of certain performance targets, the award vests in equal installments on each of December 31, 2012, 2013, 2014, 2015, and 2016.