Chris Terry - May 15, 2024 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Role
Exec. Vice President
Signature
/s/ Chris Terry
Stock symbol
CPSS
Transactions as of
May 15, 2024
Transactions value $
-$21,813
Form type
4
Date filed
5/17/2024, 05:52 PM
Previous filing
May 15, 2023
Next filing
Nov 14, 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 $261K +60K +31.92% $4.35 248K May 15, 2024 Direct
transaction CPSS Common Stock, no par value Tax liability -$283K -34.3K -13.84% $8.24 214K May 15, 2024 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 -60K -100% 0 May 15, 2024 Common Stock, No Par Value 60K $4.35 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 25,678 shares of common stock on net exercise of option to purchase 60,000 shares of common stock. The reporting person forfeited 34,322 shares of common stock underlying the option in payment of the exercise price and tax liability, using the closing stock price on May 15, 2024 of $8.24 per share.
F2 Became exercisable in four equal installments on May 17, 2018, 2019, 2020 and 2021.
F3 Issued in consideration of the named person's services to the issuer.