SEC Form 4 · accession 0001580608-15-000092
Santander Consumer USA Holdings Inc. · SC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason W. Grubb
Officer — President & COO, Originations
Period of report
Jul 1, 2015
Accepted (ET)
Jul 2, 2015 · 5:22 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 Stock | holding | — | — | — | 69,910 | 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 | $26.48 | Jul 1, 2015 | A | 40,000 | A | — | Jul 1, 2025 | Common Stock | 40,000 | 40,000 | 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 third anniversaries of the date of grant, which was July 1, 2015.