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CONSUMER PORTFOLIO SERVICES, INC. — Director's Dealing 2016
Oct 26, 2016
33816_dirs_2016-10-25_2a36cfa9-abf1-4dee-bc71-761157c700ae.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: 2016-10-21
Reporting Person: TERRY CHRIS (Sr. Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-10-21 | Common Stock, no par value | M | 40000 | $1.5 | Acquired | 124112 | Direct |
| 2016-10-21 | Common Stock, no par value | F | 13699 | $4.38 | Disposed | 110413 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-10-21 | Stock Option (right to buy) | $1.5 | M | 40000 | Disposed | 2016-10-25 | Common Stoc, no par value (40000) | Direct |
Footnotes
F1: Represents a "net exercise" of outstanding stock options. The reporting person received 26,301 shares of common stock on net exercise of option to purchase 40,000 shares of common stock. The reporting person forfeited 13,699 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on October 21, 2016 of $4.38 per share.
F2: Became exercisable as to 24,000 shares on June 10, 2010, and as to additional cumulative increments of 8,000 shares on October 25 of 2010 and 2011.
F3: Issued in consideration of the named person's services to the issuer.