Pfirrman Christopher Keith 4
4 · Santander Consumer USA Holdings Inc. · Filed Mar 3, 2021
Insider Transaction Report
Form 4
Pfirrman Christopher Keith
Senior Chief Legal Officer
Transactions
- Other
Common Stock
2021-03-01−855→ 50,740 total - Award
Common Stock
2021-03-01+15,330→ 54,861 total - Tax Payment
Common Stock
2021-03-01$25.36/sh−3,266$82,826→ 51,595 total - Tax Payment
Common Stock
2021-03-02$25.59/sh−402$10,287→ 50,338 total
Footnotes (3)
- [F1]Restricted stock units (RSUs) were granted under the Santander Consumer USA Holdings Inc. Omnibus Incentive Plan (the Plan). 60% of the RSUs vested at grant on March 1, 2021 and were settled in shares of common stock. The remaining 40% of the RSUs will vest in equal installments on each of March 1, 2022, March 1, 2023 and March 1, 2024; provided, that performance metrics described in the applicable award agreement must be satisfied for the March 1, 2024 installment 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.
- [F3]RSUs granted under the Plan were forfeited because certain performance metrics described in the applicable award agreement were not satisfied.