Bharwani Denesh 4
4 · CONSUMER PORTFOLIO SERVICES, INC. · Filed May 4, 2023
Insider Transaction Report
Form 4
Bharwani Denesh
Exec. Vice President
Transactions
- Exercise/Conversion
Common Stock, no par value
2023-05-02$3.48/sh+105,000$365,400→ 337,046 total - Exercise/Conversion
Common Stock, no par value
2023-05-02$7.97/sh+30,000$239,100→ 254,561 total - Exercise/Conversion
Stock Option (right to buy)
2023-05-02−30,000→ 0 totalExercise: $7.97Exp: 2023-05-07→ Common Stock, No Par Value (30,000 underlying) - Tax Payment
Common Stock, no par value
2023-05-02$10.62/sh−22,515$239,109→ 232,046 total - Tax Payment
Common Stock, no par value
2023-05-02$10.62/sh−34,408$365,413→ 302,638 total - Exercise/Conversion
Stock Option (right to buy)
2023-05-02−105,000→ 0 totalExercise: $3.48Exp: 2023-05-12→ Common Stock, No Par Value (105,000 underlying)
Footnotes (5)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 7,485 shares of common stock on net exercise of option to purchase 30,000 shares of common stock. The reporting person forfeited 22,515 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on May 2, 2023 of $10.62 per share.
- [F2]Represents a "net exercise" of outstanding stock options. The reporting person received 70,592 shares of common stock on net exercise of option to purchase 105,000 shares of common stock. The reporting person forfeited 34,408 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on May 2, 2023 of $10.62 per share.
- [F3]Became exercisable in cumulative increments of 6,000 shares on May 7, 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 26,250 shares on May 12, 2017, 2018, 2019, and 2020.