Catrina Ralston - May 11, 2023 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Sr. Vice President
Signature
/s/ Catrina Ralston
Stock symbol
CPSS
Transactions as of
May 11, 2023
Transactions value $
-$4
Form type
4
Date filed
5/15/2023, 06:43 PM
Previous filing
Dec 27, 2022
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 $124K +35.6K +801.44% $3.48 40.1K May 11, 2023 Direct
transaction CPSS Common Stock, no par value Tax liability -$124K -11.4K -28.36% $10.91 28.7K May 11, 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 -35.6K -100% 0 May 11, 2023 Common Stock, No Par Value 35.6K $3.48 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 24,266 shares of common stock on net exercise of option to purchase 35,632 shares of common stock. The reporting person forfeited 11,366 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on May 11, 2023 of $10.91 per share.
F2 Became exercisable in cumulative increments of 5,632 shares on May 12, 2018, 15,000 shares on May 12, 2019 and 15,000 shares on May 12, 2020.
F3 Issued in consideration of the named person's services to the issuer.