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CONSUMER PORTFOLIO SERVICES, INC. — Director's Dealing 2014
Apr 30, 2014
33816_dirs_2014-04-29_64d75524-4f0a-4bd4-8312-6c826947f779.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CONSUMER PORTFOLIO SERVICES INC (CPSS)
CIK: 0000889609
Period of Report: 2014-04-15
Reporting Person: WOOD DANIEL S (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-04-15 | common stock, no par value | M | 10000 | $4.00 | Acquired | 158144 | Direct |
| 2014-04-15 | common stock, no par value | F | 5162 | $7.75 | Disposed | 152982 | Direct |
| 2014-04-24 | common stock, no par value | S | 4838 | $7.3799 | Disposed | 148144 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-04-15 | Stock option (rt to buy) | $4.00 | M | 10000 | Disposed | 2014-04-26 | Common, no par (10000) | Direct |
Footnotes
F1: Represents a net exercise of outstanding stock options. The reporting person received 4,838 shares of common stock on net exercise of an option to purchase 10,000 shares of common stock. The reporting person forfeited 5,162 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on April 15, 2014 of $7.75 per share.
F2: This transaction was executed in multiple trades at prices ranging from $7.371 to $7.41. The price set forth above reflects the weighted-average price per share. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F3: Issued in consideration of the named person's service as a director of the issuer.