Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 613

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 2
Chunk 613
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 to him. The calculation of beneficial ownership also includes, in
    the case of the executive officers, an approximate number of shares each executive officer could be deemed to hold through
    contributions made to the Company’s Employee 401(k) Plan (the "401(k) Plan"). The 401(k) Plan provides an option for all
    participating employees to purchase stock in the Company indirectly by buying units in a mutual fund. Each "unit" in the
    mutual fund represents an interest in Company stock, cash and cash equivalents.

    (2)
    These shares are held directly by certain Black Diamond investment vehicles ("Black Diamond vehicles"). Black Diamond Capital Management, L.L.C. ("Black Diamond") exercises investment discretion on behalf of investment advisory affiliates that serve as investment advisers to the Black Diamond vehicles. Mr. Deckoff is the Managing Principal of Black Diamond. Mr. Deckoff disclaims beneficial ownership over the shares, except to the extent of his pecuniary interest therein.

    (3)
    Includes a total of 4,587,440 shares that are not outstanding as of the date
of this report, but which may be acquired within 60 days after March 10, 2025  upon exercise of options, and includes an estimate
of 401(k) Plan shares. 1,751 shares are pledged as security by an executive officer.

    (4) 
    Based on a report on Schedule 13G/A filed by the named person on February 9, 2024.

 66 

Equity Compensation Plan Information

The table below presents information regarding
securities authorized for issuance under equity compensation plans, including the CPS 2006 Long-Term Equity Incentive Plan, as of December
31, 2024.

    Plan Category 
    Outstanding Options  
    Weighted average exercise price of Outstanding Options  
    Number of securities remaining available for future issuance under equity compensation plans 
  
    Plans approved by shareholders 
     6,097,440  
    $5.39  
     2,983,830 
  
    Plans not approved by shareholders 
     None  
     N/A  
     N/A 
  
    Total 
     6,097,440  
    $5.39  
     2,983,830 

Item 13. Certain Relationships and Related
Transactions, and Director Independence

Subordinated Notes. The Company has offered
and sold its subordinated notes in a continuous