John P. Harton - 03 May 2022 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Sr. Vice President
Signature
/s/ John P. Harton
Issuer symbol
CPSS
Transactions as of
03 May 2022
Net transactions value
-$157,070
Form type
4
Filing time
05 May 2022, 19:53:24 UTC
Previous filing
01 Apr 2022
Next filing
18 Aug 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPSS Common Stock, No Par Value Options Exercise $366,600 +60,000 +32% $6.11 248,500 03 May 2022 Direct
transaction CPSS Common Stock, No Par Value Tax liability $523,670 -38,280 -15% $13.68 210,220 03 May 2022 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 -60,000 -100% 0 03 May 2022 Common Stock, No Par Value 60,000 $6.11 Direct F2, F3
* 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 21,720 shares of common stock on net exercise of option to purchase 60,000 shares of common stock. The reporting person forfeited 38,280 shares of common stock underlying the option in payment of the exercise prices and tax liability, using the closing stock price on May 3, 2022 of $13.68 per share.
F2 Became exercisable in cumulative increments of 15,000 shares on May 19, 2016, 2017, 2018, and 2019.
F3 Issued in consideration of the named person's service to the issuer.