Company: CPSS
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001683168-25-001548
Chunk: 1273

Company: CONSUMER PORTFOLIO SERVICES, INC.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 7A
Chunk 1273
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    $2.47  
     6/1/2027 

     45,000  
     15,000(1) 
    $4.95  
     8/3/2028 

     30,000  
     30,000(3) 
    $10.25  
     6/24/2029 

    Christopher Terry 
     60,000  
     –  
    $3.48  
     5/9/2025 

     60,000  
     –  
    $3.53  
     8/8/2026 

     60,000  
     –  
    $2.47  
     6/1/2027 

     45,000  
     15,000(1) 
    $4.95  
     8/3/2028 

     30,000  
     30,000(3) 
    $10.25  
     6/24/2029 

  (1)
  Becomes exercisable on August 3, 2025.

  (2)
  Becomes exercisable as to increments of one-half of the unexercisable portion on January 24, 2025 and 2026.

  (3)
  Becomes exercisable as to increments of one-half of the unexercisable portion on June 24, 2025 and 2026.

 61 

Option Exercises in Last Fiscal Year

All of the five named executive officers exercised
stock options during 2024. The table below shows the realized value and the number of options exercised for those individuals. None of
our officers hold stock awards; accordingly, no stock awards vested during 2024.

Option Exercises and Stock Vested

    Value realized on exercise (1)  
    Number of shares acquired on exercise 
  
    Mr. Bradley 
    $1,275,000  
     300,000 
  
    Mr. Lavin 
     382,500  
     90,000 
  
    Mr. Bharwani 
     255,000  
     60,000 
  
    Ms. Robinson 
     255,000  
     60,000 
  
    Mr. Terry 
     233,400