SEC Form 4 · accession 0001580608-15-000117
Santander Consumer USA Holdings Inc. · SC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer Popp
Officer — Deputy Chief Financial Officer
Period of report
Aug 4, 2015
Accepted (ET)
Aug 6, 2015 · 5:02 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 | Aug 4, 2015 | M | 4,861 | $12.10 | A | 7,137 | D | |
| Common Stock | Aug 4, 2015 | M | 15,857 | $9.21 | A | 22,994 | D | |
| Common Stock | Aug 4, 2015 | M | 11,013 | $9.21 | A | 34,007 | D | |
| Common Stock | Aug 4, 2015 | S | 31,731 | $23.8086 | D | 2,276 | 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)F2 | $12.10 | Aug 4, 2015 | M | 4,861 | D | — | Jul 16, 2022 | Common Stock | 4,861 | 6,205 | D |
| Stock option (right to buy)F3 | $9.21 | Aug 4, 2015 | M | 15,857 | D | — | Jul 16, 2022 | Common Stock | 15,857 | 20,261 | D |
| Stock option (right to buy)F2 | $9.21 | Aug 4, 2015 | M | 11,013 | D | — | Jul 16, 2022 | Common Stock | 11,013 | 14,066 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- 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 performance vested. Subject to the company's achievement of certain performance targets, the award is scheduled to vest in equal installments on each of July 16th, 2013, 2014, 2015, 2016, and 2017.
- F3Granted 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 July 16th, 2013, 2014, 2015, 2016, and 2017.