Straten Laurie 4
4 · CONSUMER PORTFOLIO SERVICES, INC. · Filed May 4, 2022
Insider Transaction Report
Form 4
Straten Laurie
Sr. Vice President
Transactions
- Tax Payment
Common Stock, no par value
2022-05-02$12.00/sh−30,550$366,600→ 164,450 total - Sale
Common Stock, no par value
2022-05-02$11.50/sh−50,000$575,000→ 114,450 total - Exercise/Conversion
Common Stock, no par value
2022-05-02$6.11/sh+60,000$366,600→ 195,000 total - Exercise/Conversion
Stock Option (right to buy)
2022-05-02−60,000→ 0 totalExercise: $6.11Exp: 2022-05-19→ Common Stock, No Par Value (60,000 underlying)
Footnotes (3)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 29,450 shares of common stock on net exercise of option to purchase 60,000 shares of common stock. The reporting person forfeited 30,550 shares of common stock underlying the option in payment of the exercise prices, using the closing stock price on May 2, 2022 of $12.00 per share.
- [F2]Became exercisable in cumulative increments of 15,000 shares on May 19, 2016, 2017, 2018, and 2019.
- [F3]Issued in consideration of the named person's services to the issuer.