UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (right to buy) | Â (1) | 12/31/2021 | Common Stock | 50,744 | $ 9.21 | D | Â |
Stock Option (right to buy) | Â (2) | 12/31/2021 | Common Stock | 35,235 | $ 9.21 | D | Â |
Stock Option (right to buy) | Â (2) | 12/31/2021 | Common Stock | 15,546 | $ 12.1 | D | Â |
Stock Option (right to buy) | Â (3) | 04/01/2023 | Common Stock | 79,995 | $ 14.87 | D | Â |
Stock Option (right to buy) | Â (4) | 04/01/2023 | Common Stock | 55,804 | $ 14.87 | D | Â |
Stock Option (right to buy) | Â (4) | 04/01/2023 | Common Stock | 24,190 | $ 18.72 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Dooner Hugo R. C/O SANTANDER CONSUMER USA HOLDINGS INC. 8585 NORTH STEMMONS FREEWAY SUITE 1100-N DALLAS, TX 75247 |
 |  |  See Remarks |  |
/s/ Eldridge A. Burns, Jr., Attorney-in-Fact | 01/22/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Granted 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 31.25% on December 31 of each of 2014, 2015, and 2016. 3.125% of the options vested upon each of December 31, 2012 and 2013 and are currently exercisable. |
(2) | Granted 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 31.25% on December 31 of each of 2014, 2015, and 2016. 3.125% of the options vested upon each of December 31, 2012 and 2013 and are currently exercisable. |
(3) | Granted pursuant to the Santander Consumer USA Inc. 2011 Management Equity Plan. The stock option award is time vested based generally on continued service and is scheduled to vest in equal installments on each of the first through fifth anniversaries of the date of the grant, which grant occurred on April 1, 2013. |
(4) | Granted 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 20% on December 31 of each of 2014 through 2017. 20% of the options vested on December 31, 2013 and are currently exercisable. |
 Remarks: Executive Vice President, Consumer Lending Exhibit List: Exhibit 24 - Power of Attorney |