Aditya Mahesh 4
4 · Santander Consumer USA Holdings Inc. · Filed Mar 3, 2021
Insider Transaction Report
Form 4
Aditya Mahesh
Director
Transactions
- Award
Common Stock
2021-03-01+48,182→ 53,182 total - Tax Payment
Common Stock
2021-03-01$25.36/sh−6,819$172,930→ 46,363 total
Footnotes (2)
- [F1]Restricted stock units (RSUs) were granted under the Santander Consumer USA Holdings Inc. Omnibus Incentive Plan (the Plan). 50% of the RSUs vested at grant on March 1, 2021 and were settled in shares of common stock. The remaining 50% of the RSUs will vest in equal installments on each of March 1, 2022, March 1, 2023, March 1, 2024, March 1, 2025 and March 1, 2026; provided, that performance metrics described in the applicable award agreement must be satisfied for the March 1, 2024, March 1, 2025 and March 1, 2026 installments to vest. 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 RSUs granted under the Plan to the reporting person.