Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 1445

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 9
Chunk 1445
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 540,400 
  
    Mr. Terry 
     –  
     523,600  
     523,600 

The “target” and “maximum”
figures appearing in the table above represent the maximum cash payout under the individual executives’ Executive Management
Bonus Plan awards as of the date the incentive was fixed. The chief executive officer, Mr. Bradley, is eligible to receive a cash bonus
of up to 600% of his base salary. The Company’s president, Mr. Lavin, is eligible to receive a cash bonus of up to 170% of his base
salary. The other named executive officers, as executive vice presidents, are eligible to receive a cash bonus of up to 140% of their
base salaries. The actual payout to each individual named in the table above has not been determined as of the date of this report.

Outstanding Equity Awards at Fiscal Year-end

The following table sets forth as of December
31, 2024 the number of unexercised options held by each of the named executive officers, the number of shares subject to then exercisable
and unexercisable options held by such persons and the exercise price and expiration date of each such option.  Each option
referred to in the table was granted at an option price per share no less than the fair market value per share on the date of grant.
None of such individuals holds a stock award; accordingly, only information concerning option awards is presented.

 60 

    Name 
    Number of securities underlying unexercised options (exercisable)  
    Number of securities underlying unexercised options (unexercisable)  
    Option exercise price  
    Option expiration date 
  
    Charles E. Bradley, Jr. 
     300,000  
     –  
    $3.48  
     5/9/2025 

     300,000  
     –  
    $3.53  
     8/8/2026 

     240,000  
     –  
    $2.47  
     6/1/2027 

     225,000  
     75,000(1) 
    $4.95  
     8/3/2028 

     375,000  
     375,000(2) 
    $10.32