Lavin Michael T. 4
4 · CONSUMER PORTFOLIO SERVICES, INC. · Filed Jan 26, 2023
Insider Transaction Report
Form 4
Lavin Michael T.
Sr Vice President
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2023-01-24−75,000→ 0 totalExercise: $6.86Exp: 2023-02-01→ Common Stock, No Par Value (75,000 underlying) - Exercise/Conversion
Stock Option (right to buy)
2023-01-24−60,000→ 0 totalExercise: $7.97Exp: 2023-05-07→ Common Stock, No Par Value (60,000 underlying) - Exercise/Conversion
Common Stock, No Par Value
2023-01-24$6.86/sh+75,000$514,500→ 75,000 total - Tax Payment
Common Stock, No Par Value
2023-01-24$9.56/sh−56,418$539,356→ 18,582 total - Gift
Common Stock, No Par Value
2023-01-24+24,730→ 255,489 total(indirect: By Trust) - Exercise/Conversion
Common Stock, No Par Value
2023-01-24$7.97/sh+60,000$478,200→ 78,582 total - Tax Payment
Common Stock, No Par Value
2023-01-24$9.56/sh−53,852$514,825→ 24,730 total - Gift
Common Stock, No Par Value
2023-01-24−24,730→ 0 total
Footnotes (5)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 18,582 shares of common stock on net exercise of option to purchase 75,000 shares of common stock. The reporting person forfeited 56,418 shares of common stock underlying the option in payment of the exercise prices and tax liability, using the closing stock price on January 24, 2023 of $9.56 per share.
- [F2]Represents a "net exercise" of outstanding stock options. The reporting person received 6,148 shares of common stock on net exercise of option to purchase 60,000 shares of common stock. The reporting person forfeited 53,852 shares of common stock underlying the option in payment of the exercise prices and tax liability, using the closing stock price on January 24, 2023 of $9.56 per share.
- [F3]Became exercisable in cumulative increments of 15,000 shares on February 1, 2014, 2015, 2016, 2017, and 2018.
- [F4]Issued in consideration of the named person's services to the issuer.
- [F5]Became exercisable in cumulative increments of 12,000 shares on May 7, 2014, 2015, 2016, 2017, and 2018.