AI assistant
CONSUMER PORTFOLIO SERVICES, INC. — Director's Dealing 2022
May 11, 2022
33816_dirs_2022-05-11_d6e3d2a3-4c4f-413f-8aa6-31a605836e60.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CONSUMER PORTFOLIO SERVICES, INC. (CPSS)
CIK: 0000889609
Period of Report: 2022-05-09
Reporting Person: Fritz Jeffrey P (Exec. Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-09 | Common Stock, no par value | M | 90000 | $6.11 | Acquired | 320000 | Direct |
| 2022-05-09 | Common Stock, no par value | F | 51563 | $15.09 | Disposed | 268437 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-09 | Stock Option (right to buy) | $6.11 | M | 90000 | Disposed | 2022-05-19 | Common Stock, No Par Value (90000) | Direct |
Footnotes
F1: Represents a "net exercise" of outstanding stock options. The reporting person received 38,437 shares of common stock on net exercise of option to purchase 90,000 shares of common stock. The reporting person forfeited 51,563 shares of common stock underlying the option in payment of the exercise prices and tax liability, using the closing stock price on May 9, 2022 of $15.09 per share.
F2: Became exercisable in cumulative increments of 22,500 shares on May 19, 2016, 2017, 2018, and 2019.
F3: Issued in consideration of the named person's services to the issuer.