Charles E. Bradley Jr - May 17, 2022 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ Charles E. Bradley, Jr.
Stock symbol
CPSS
Transactions as of
May 17, 2022
Transactions value $
-$912,537
Form type
4
Date filed
5/19/2022, 06:52 PM
Previous filing
Apr 4, 2022
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 $1.83M +300K +9.24% $6.11 3.55M May 17, 2022 Direct
transaction CPSS Common Stock, no par value Tax liability -$2.75M -191K -5.37% $14.41 3.36M May 17, 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 -300K -100% 0 May 17, 2022 Common Stock, No Par Value 300K $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 109,470 shares of common stock on net exercise of option to purchase 300,000 shares of common stock. The reporting person forfeited 190,530 shares of common stock underlying the option in payment of the exercise prices and tax liability, using the closing stock price on May 17, 2022 of $14.41 per share.
F2 Became exercisable in cumulative increments of 75,000 shares on May 19, 2016, 2017, 2018, and 2019.
F3 Issued in consideration of the named person's services to the issuer.