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CONSUMER PORTFOLIO SERVICES, INC. — Director's Dealing 2014
Mar 28, 2014
33816_dirs_2014-03-28_bcd75c55-27ea-49ff-8c31-4c6b73e0c7a1.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: 2014-03-27
Reporting Person: Adams Chris (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-03-27 | common stock, no par value | M | 12000 | $1.81 | Acquired | 56000 | Direct |
| 2014-03-27 | common stock, no par value | F | 3081 | $7.05 | Disposed | 52919 | Direct |
| 2014-03-27 | common stock, no par value | M | 18000 | $1.2 | Acquired | 70919 | Direct |
| 2014-03-27 | common stock, no par value | F | 3064 | $7.05 | Disposed | 67855 | Direct |
| 2014-03-27 | common stock, no par value | M | 25000 | $1.03 | Acquired | 92855 | Direct |
| 2014-03-27 | common stock, no par value | F | 3653 | $7.05 | Disposed | 89202 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-03-27 | Stock Options | $1.81 | M | 12000 | Disposed | 2020-04-27 | Common, no par value (12000) | Direct |
| 2014-03-27 | Stock Options | $1.2 | M | 18000 | Disposed | 2022-04-03 | Common, no par value (18000) | Direct |
| 2014-03-27 | Stock Options | $1.03 | M | 25000 | Disposed | 2021-06-03 | Common, no par value (25000) | Direct |
Footnotes
F1: Represents a net exercise of outstanding stock options. The reporting person received 8,919 shares of common stock on net exercise of option to purchase 12,000 shares of common stock. The reporting person forfeited 3,081 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on March 27, 2014 of $7.05 per share.
F2: Represents a net exercise of outstanding stock options. The reporting person received 14,936 shares of common stock on net exercise of option to purchase 18,000 shares of common stock. The reporting person forfeited 3,064 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on March 27, 2014 of $7.05 per share.
F3: Represents a net exercise of outstanding stock options. The reporting person received 21,347 shares of common stock on net exercise of option to purchase 25,000 shares of common stock. The reporting person forfeited 3,653 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on March 27, 2014 of $7.05 per share.
F4: Issued in consideration of the named person's service as a director of the issuer.