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CONSUMER PORTFOLIO SERVICES, INC. — Director's Dealing 2014
Jan 10, 2014
33816_dirs_2014-01-10_9f6d2542-26bd-4fb2-bf95-ccfa52cdef01.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: 2014-01-02
Reporting Person: RIEDL ROBERT E (Sr. Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-01-02 | common stock, no par value | M | 80000 | $1.5 | Acquired | 82000 | Direct |
| 2014-01-02 | common stock, no par value | F | 12889 | $9.31 | Disposed | 69111 | Direct |
| 2014-01-08 | common stock, no par value | G | 67111 | — | Disposed | 2000 | Direct |
| 2014-01-08 | common stock, no par value | G | 67111 | — | Acquired | 162111 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-01-02 | Stock Options | $1.5 | M | 80000 | Disposed | 2014-04-26 | Common, no par value (80000) | Direct |
Footnotes
F1: Represents a net exercise of outstanding stock options. The reporting person received 67,111 shares of common stock on net exercise of option to purchase 80,000 shares of common stock. The reporting person forfeited 12,889 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on January 2, 2014 of $9.31 per share.
F2: Held by a trust (trust 1) of which the reporting person is a trustee and beneficiary.
F3: Became exercisable in equal installments of 16,000 shares each on April 26 of 2006, 2007, 2008 and 2009.
F4: Issued in consideration of the named person's service as an officer of the issuer.