Sec Form 3 Filing - Allgood Shawn @ Santander Consumer USA Holdings Inc. - 2019-07-19

FORM 3 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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1. Name and Address of Reporting Person Allgood Shawn 2. Issuer Name and Ticker or Trading Symbol Santander Consumer USA Holdings Inc. [ SC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Please see remarks (Last) (First) (Middle) C/O SANTANDER CONSUMER USA HOLDINGS INC., 1601 ELM STREET, SUITE 800 3. Date of Earliest Transaction (MM/DD/YY) 07/19/2019 (Street) DALLAS, TX75201 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 22,889 ( 1 ) ( 2 ) ( 3 ) ( 4 ) D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Allgood Shawn C/O SANTANDER CONSUMER USA HOLDINGS INC. 1601 ELM STREET, SUITE 800 DALLAS, TX75201 Please see remarks Signatures /s/ Shawn Allgood 07/26/2019 Signature of Reporting Person Date

Explanation of Responses:

( 1 )Includes 10,033 shares of Common Stock that settled upon the vesting of restricted stock units ("RSUs") under the Santander Consumer USA Holdings Inc. Omnibus Incentive Plan (the "Plan") as described in footnotes 2-4. ( 2 )Includes 5,209 RSUs that were granted on May 1, 2017 under the Plan. One-third of the original award of 15,625 RSUs vested on each of May 1, 2018 and 2019, and one-third of the RSU award is scheduled to vest on May 1, 2020. After the shares subject to the RSUs vest and are settled, they remain subject to transfer and sale restrictions for a period of one year. ( 3 )Includes 3,412 RSUs that were granted under the Plan. 60% of the original RSU award of 12,793 RSUs vested at grant on March 1, 2018 and 13.34% of the RSU award vested on March 1, 2019. 13.33% of the RSU award is scheduled to vest on each of March 1, 2020 and 2021. After the shares subject to the RSUs vest and are settled, they remain subject to transfer and sale restrictions for a period of one year. ( 4 )Includes 4,235 RSUs that were granted under the Plan. 60% of the original RSU award of 10,587 RSUs vested at grant on March 1, 2019. 13.34% of the RSU award is scheduled to vest on March 1, 2020 and 13.33% of the RSU award is scheduled to vest on each of March 1, 2021 and 2022. After the shares subject to the RSUs vest and are settled, they remain subject to transfer and sale restrictions for a period of one year.

Remarks: Officer title: Head of Chrysler Capital and Auto RelationshipsExhibit List: Ex. 24 - Power of Attorney

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