Daniel S. Wood - 09 May 2022 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Director
Signature
/s/ Daniel S. Wood
Issuer symbol
CPSS
Transactions as of
09 May 2022
Net transactions value
-$0.74
Form type
4
Filing time
25 Jan 2023, 12:31:31 UTC
Previous filing
06 Aug 2021
Next filing
28 Jun 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 $343,000 +50,000 +30% $6.86 217,017 23 Jan 2023 Direct
transaction CPSS Common Stock, no par value Tax liability $343,000 -34,787 -16% $9.86 182,230 23 Jan 2023 Direct F1
transaction CPSS Common Stock, no par value Options Exercise $43,600 +10,000 +5.5% $4.36 192,230 23 Jan 2023 Direct
transaction CPSS Common Stock, no par value Tax liability $43,601 -4,422 -2.3% $9.86 187,808 23 Jan 2023 Direct F2

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 +50,000 0 23 Jan 2023 Common Stock, No Par Value 50,000 $6.86 Direct F3
transaction CPSS Stock Option (right to buy) Options Exercise +10,000 0 23 Jan 2023 Common Stock, No Par Value 10,000 $4.36 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 15,213 shares of common stock on net exercise of option to purchase 50,000 shares of common stock. The reporting person forfeited 34,787 shares of common stock underlying the option in payment of the exercise prices using the closing stock price on January, 23 2023 of $9.86 per share.
F2 Represents a "net exercise" of outstanding stock options. The reporting person received 5,578 shares of common stock on net exercise of option to purchase 10,000 shares of common stock. The reporting person forfeited 4,422 shares of common stock underlying the option in payment of the exercise prices using the closing stock price on January, 23 2023 of $9.86 per share.
F3 Issued in consideration of the named person's services to the issuer.