E. Charles Gonel - May 17, 2024 Form 4 Insider Report for CONSUMER PORTFOLIO SERVICES, INC. (CPSS)

Signature
/s/ Charles Gonel
Stock symbol
CPSS
Transactions as of
May 17, 2024
Transactions value $
$2
Form type
4
Date filed
5/21/2024, 02:27 PM
Previous filing
Jul 3, 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 $65.3K +15K +136363.64% $4.35 15K May 17, 2024 Direct
transaction CPSS Common Stock, no par value Tax liability -$65.2K -7.59K -50.54% $8.60 7.42K May 17, 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 -15K -100% 0 May 17, 2024 Common Stock, No Par Value 15K $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 7,413 shares of common stock on net exercise of option to purchase 15,000 shares of common stock. The reporting person forfeited 7,587 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on May 17, 2024 of $8.60 per share.
F2 Initial grant of 15,000 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.