SEC Form 4 · accession 0001683168-19-000616
CONSUMER PORTFOLIO SERVICES, INC. · CPSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Rayhill
Director
Period of report
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 7:01 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 | Mar 8, 2019 | M | 30,000 | $0.77 | A | 52,337 | D | |
| Common Stock, no par valueF1 | Mar 8, 2019 | F | 5,500 | $4.20 | D | 46,837 | D | |
| Common Stock, no par value | Mar 8, 2019 | S | 24,500 | $4.20 | D | 22,337 | 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 | $0.77 | Mar 8, 2019 | M | 30,000 | D | Nov 13, 2009 | May 13, 2019 | Common Stock, No Par Value | 30,000 | 0 | D |
Explanation of responses
- F1The reporting person received 24,500 shares of common stock on net exercise of an option to purchase 30,000 shares of common stock. The reporting person forfeited 5,500 shares of common stock underlying the option in payment of the exercise price, using the closing stock price on March 8, 2019 of $4.20 per share.
- F2Issued in consideration of the named person's service to the issuer.