Charles E. Bradley Jr - May 11, 2023 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
CEO, Director, 10%+ Owner
Signature
/s/ Charles E. Bradley, Jr.
Stock symbol
CPSS
Transactions as of
May 11, 2023
Transactions value $
-$18,209
Form type
4
Date filed
5/15/2023, 06:57 PM
Previous filing
Feb 3, 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 $200K +57.5K +1.63% $3.48 3.57M May 11, 2023 Direct
transaction CPSS Common Stock, no par value Options Exercise $844K +243K +6.79% $3.48 3.82M May 11, 2023 Direct
transaction CPSS Common Stock, no par value Tax liability -$1.06M -97.4K -2.55% $10.91 3.72M 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 -300K -100% 0 May 11, 2023 Common Stock, No Par Value 300K $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 145,169 shares of common stock on net exercise of option to purchase 242,530 shares of common stock. The reporting person forfeited 97,361 shares of common stock underlying the option in payment of the exercise price and tax liability, using the closing stock price on May 11, 2023 of $10.91 per share.
F2 Became exercisable in cumulative increments of 75,000 shares on May 12, 2017, 2018, 2019 and 2020.
F3 Issued in consideration of the named person's services to the issuer.