Alvarez Juan Carlos 4
4 · Santander Consumer USA Holdings Inc. · Filed Mar 5, 2018
Insider Transaction Report
Form 4
Alvarez Juan Carlos
Director
Transactions
- Award
Common Stock
2018-03-01+7,953→ 7,953 total - Tax Payment
Common Stock
2018-03-01$16.12/sh−1,162$18,731→ 6,791 total
Footnotes (2)
- [F1]Restricted stock units (RSUs) were granted under the Santander Consumer USA Holdings Inc. Omnibus Incentive Plan. 60% of the RSUs vested at grant on March 1, 2018 and were settled in shares of common stock. The remaining 40% of the RSUs will vest in equal installments on each of March 1, 2019, March 1, 2020 and March 1, 2021. After the shares subject to the RSUs vest and are settled, they will remain subject to transfer and sale restrictions for a period of one year.
- [F2]Shares withheld for taxes upon the settlement in shares of restricted stock units granted to the reporting person.