SEC Form 4 · accession 0001580608-15-000132
Santander Consumer USA Holdings Inc. · SC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kalyan Seshan
Officer — Chief Risk Officer
Period of report
Sep 22, 2015
Accepted (ET)
Sep 23, 2015 · 4:24 pm EDT
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 | $21.74 | Sep 22, 2015 | A | 40,000 | A | — | Sep 22, 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 fifth anniversaries of the date of grant, which was September 22, 2015.