Steven Schween - Jan 23, 2023 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Sr. Vice President
Signature
/s/ Steven Howard Schween
Stock symbol
CPSS
Transactions as of
Jan 23, 2023
Transactions value $
-$2
Form type
4
Date filed
1/25/2023, 02:55 PM
Previous filing
Dec 27, 2022
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPSS Common Stock, No Par Value Options Exercise $85.8K +12.5K +25.5% $6.86 61.5K Jan 23, 2023 Direct
transaction CPSS Common Stock, No Par Value Tax liability -$85.8K -8.7K -14.14% $9.86 52.8K Jan 23, 2023 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 -12.5K -100% 0 Jan 23, 2023 Common Stock, No Par Value 12.5K $6.86 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 3,803 shares of common stock on net exercise of option to purchase 12,500 shares of common stock. The reporting person forfeited 8,697 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 Became exercisable in cumulative increments of 2,500 shares on February 1, 2014, 2015, 2016, 2017 and 2018.
F3 Issued in consideration of the named person's services to the issuer.