Daniel S. Wood - 16 Oct 2023 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Director
Signature
/s/ Daniel S. Wood
Issuer symbol
CPSS
Transactions as of
16 Oct 2023
Net transactions value
-$1.56
Form type
4
Filing time
18 Oct 2023, 16:46:01 UTC
Previous filing
04 May 2023
Next filing
19 Dec 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 $90,600 +20,000 +9.2% $4.53 237,958 16 Oct 2023 Direct
transaction CPSS Common Stock, no par value Tax liability $90,602 -9,891 -4.2% $9.16 228,067 16 Oct 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 -20,000 -100% 0 16 Oct 2023 Common Stock, No Par Value 20,000 $4.53 Direct F2
* 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 10,109 shares of common stock on net exercise of option to purchase 20,000 shares of common stock. The reporting person forfeited 9,891 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on October 16, 2023 of $9.16 per share.
F2 Issued in consideration of the named person's services to the issuer.