Greg Washer - May 2, 2023 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Director
Signature
/s/ Greg Washer
Stock symbol
CPSS
Transactions as of
May 2, 2023
Transactions value $
-$2
Form type
4
Date filed
5/4/2023, 07:34 PM
Previous filing
Feb 1, 2023
Next filing
May 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CPSS Common Stock, no par value Options Exercise $319K +40K +14.49% $7.97 316K May 2, 2023 Direct
transaction CPSS Common Stock, no par value Tax liability -$319K -30K -9.5% $10.62 286K May 2, 2023 Direct F1
holding CPSS Common Stock, no par value 107K May 2, 2023 See footnote 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 -40K -100% 0 May 2, 2023 Common Stock, No Par Value 40K $7.97 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 9,981 shares of common stock on net exercise of option to purchase 40,000 shares of common stock. The reporting person forfeited 30,019 shares of common stock underlying the option in payment of the exercise prices, using the closing stock price on May 2, 2023 of $10.62 per share.
F2 All shares held in a Simplified Employer Pension Account.
F3 Issued in consideration of the named person's services to the issuer.