Daniel S. Wood - May 2, 2023 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Director
Signature
/s/ Daniel S. Wood
Stock symbol
CPSS
Transactions as of
May 2, 2023
Transactions value $
-$7
Form type
4
Date filed
5/4/2023, 07:35 PM
Previous filing
Jun 28, 2022
Next filing
Oct 18, 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 $319K +40K +21.3% $7.97 228K May 2, 2023 Direct
transaction CPSS Common Stock, no par value Tax liability -$319K -30K -13.18% $10.62 198K May 2, 2023 Direct F1
transaction CPSS Common Stock, no par value Options Exercise $104K +30K +15.17% $3.48 228K May 2, 2023 Direct
transaction CPSS Common Stock, no par value Tax liability -$104K -9.83K -4.32% $10.62 218K May 2, 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 -40K -100% 0 May 2, 2023 Common Stock, No Par Value 40K $7.97 Direct F3
transaction CPSS Stock Option (right to buy) Options Exercise -30K -100% 0 May 2, 2023 Common Stock, No Par Value 30K $3.48 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 Represents a "net exercise" of outstanding stock options. The reporting person received 20,169 shares of common stock on net exercise of option to purchase 30,000 shares of common stock. The reporting person forfeited 9,831 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.
F3 Issued in consideration of the named person's services to the issuer.