SEC Form 4 · accession 0000889609-17-000041
CONSUMER PORTFOLIO SERVICES, INC. · CPSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel S Wood
Director
Period of report
Oct 24, 2017
Accepted (ET)
Oct 26, 2017 · 5:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000889609
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, no par value | Oct 24, 2017 | M | 10,000 | $3.18 | A | 175,154 | D | |
| Common Stock, no par valueF1 | Oct 24, 2017 | F | 6,989 | $4.55 | D | 168,165 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $3.18 | Oct 24, 2017 | M | 10,000 | D | Jul 30, 2008 | Jan 30, 2018 | Common Stock, No Par Value | 10,000 | 0 | D |
Explanation of responses
- F1Represents a net exercise of outstanding stock options. The reporting person received 3,011 shares of common stock on net exercise of an option to purchase 10,000 shares of common stock. The reporting person forfeited 6,989 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on October 24, 2017 of $4.55 per share.
- F2Issued in consideration of the named person's service to the issuer.