Brian Rayhill - 02 Jun 2021 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Director
Signature
/s/ Brian Rayhill
Issuer symbol
CPSS
Transactions as of
02 Jun 2021
Net transactions value
-$3.64
Form type
4
Filing time
04 Jun 2021, 21:34:33 UTC
Next filing
06 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPSS Common Stock, no par value Options Exercise $25,750 +25,000 +92% $1.03* 52,168 02 Jun 2021 Direct
transaction CPSS Common Stock, no par value Tax liability $25,754 -5,321 -10% $4.84 46,847 02 Jun 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CPSS Stock Option (right to buy) Options Exercise -25,000 -100% 0 02 Jun 2021 Common Stock, No Par Value 25,000 $1.03 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise" of outstanding stock options. The reporting person received 19,679 shares of common stock on net exercise of option to purchase 25,000 shares of common stock. The reporting person forfeited 5,321 shares of common stock underlying the option in payment of the exercise prices, using the closing stock price on June 2, 2021 of $4.84 per share.
F2 Issued in consideration of the named person's services to the issuer.