Daniel S. Wood - May 9, 2022 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Director
Signature
/s/ Daniel S. Wood
Stock symbol
CPSS
Transactions as of
May 9, 2022
Transactions value $
-$13
Form type
4
Date filed
5/11/2022, 08:08 PM
Previous filing
Aug 6, 2021
Next filing
Jun 28, 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 $183K +30K +20.11% $6.11 179K May 9, 2022 Direct F2
transaction CPSS Common Stock, no par value Tax liability -$183K -12.1K -6.78% $15.09 167K May 9, 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 -30K -100% 0 May 9, 2022 Common Stock, No Par Value 30K $6.11 Direct 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 17,852 shares of common stock on net exercise of option to purchase 30,000 shares of common stock. The reporting person forfeited 12,148 shares of common stock underlying the option in payment of the exercise prices, using the closing stock price on May 9, 2022 of $15.09 per share.
F2 Includes 22,000 shares of stock held in an Individual Retirement Account, which the reporting person previously characterized as indirect ownership.
F3 Issued in consideration of the named person's services to the issuer.