Teri Robinson - May 5, 2022 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Sr. Vice President
Signature
/s/ Teri L. Robinson
Stock symbol
CPSS
Transactions as of
May 5, 2022
Transactions value $
-$4
Form type
4
Date filed
5/9/2022, 04:47 PM
Previous filing
Apr 27, 2022
Next filing
May 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPSS Common Stock, no par value Options Exercise $367K +60K +18.3% $6.11 388K May 5, 2022 Direct
transaction CPSS Common Stock, no par value Tax liability -$367K -26.2K -6.75% $14.00 362K May 5, 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 -60K -100% 0 May 5, 2022 Common Stock, No Par Value 60K $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 33,814 shares of common stock on net exercise of option to purchase 60,000 shares of common stock. The reporting person forfeited 26,186 shares of common stock underlying the option in payment of the exercise prices, using the closing stock price on May 5, 2022 of $14.00 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 services to the issuer.