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

Role
Sr. Vice President
Signature
/s/ Steven Howard Schween
Issuer symbol
CPSS
Transactions as of
23 Jan 2023
Net transactions value
-$2.42
Form type
4
Filing time
25 Jan 2023, 14:55:22 UTC
Previous filing
27 Dec 2022
Next filing
04 May 2023
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 $85,750 +12,500 +26% $6.86 61,515 23 Jan 2023 Direct
transaction CPSS Common Stock, No Par Value Tax liability $85,752 -8,697 -14% $9.86 52,818 23 Jan 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 -12,500 -100% 0 23 Jan 2023 Common Stock, No Par Value 12,500 $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.