Bharwani Denesh 4
4 · CONSUMER PORTFOLIO SERVICES, INC. · Filed May 21, 2024
Insider Transaction Report
Form 4
Bharwani Denesh
Exec. Vice President
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2024-05-17−60,000→ 0 totalExercise: $4.35Exp: 2024-05-17→ Common Stock, No Par Value (60,000 underlying) - Exercise/Conversion
Common Stock, no par value
2024-05-17$4.35/sh+60,000$261,000→ 362,638 total - Tax Payment
Common Stock, no par value
2024-05-17$8.60/sh−38,283$329,234→ 324,355 total
Footnotes (3)
- [F1]Represents a "net exercise" of outstanding stock options. The reporting person received 21,717 shares of common stock on net exercise of option to purchase 60,000 shares of common stock. The reporting person forfeited 38,283 shares of common stock underlying the option in payment of the exercise price and tax liability, using the closing stock price on May 17, 2023 of $8.60 per share.
- [F2]Became exercisable in four equal installments on May 17, 2018, 2019, 2020, and 2021.
- [F3]Issued in consideration of the named person's services to the issuer.