Item 2. Unregistered Sales of Equity Securities
Item 2. Unregistered Sales of Equity Securities
and Use of Proceeds
During the three months ended March 31, 2023,
we repurchased 263,185 shares from existing shareholders, as reflected in the table below.
Issuer Purchases of Equity Securities
Total Number of
Average
Total Number of Shares Purchased as Part of Publicly
Approximate Dollar Value of Shares that May Yet be Purchased
Shares
Price Paid
Announced Plans or
Under the Plans or
Period(1)
Purchased
per Share
Programs
Programs (2)
January 2023
42,327
$ 9.25
42,327
$ 7,950,921
February 2023
86,444
$ 11.31
86,444
$ 6,972,901
March 2023
134,414
$ 10.22
134,414
$ 5,599,077
Total
263,185
$ 10.42
263,185
____________________
(1) Each monthly period is the calendar month.
(2) Through March 31, 2023, our board of directors had authorized the purchase of up to $103.2 million
of our outstanding securities, under a program first announced in our annual report for the year 2002, filed on June 26, 2003. All
purchases described in the table above were under the program announced in June 2003, which has no fixed expiration date.
Item 6. Exhibits
The Exhibits listed below are filed with this
report.
4.14
Instruments defining the rights of holders of long-term debt of certain consolidated subsidiaries of the registrant are omitted pursuant to the exclusion set forth in subdivisions (b)(iv)(iii)(A) and (b)(v) of Item 601 of Regulation S-K (17 CFR 229.601). The registrant agrees to provide copies of such instruments to the United States Securities and Exchange Commission upon request.
31.1
Rule 13a-14(a) Certification of the Chief Executive Officer of the registrant .
31.2
Rule 13a-14(a) Certification of the Chief Financial Officer of the registrant .
32
Section 1350 Certifications .*
* These Certifications
shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject
to the liability of that section. These Certifications shall not be deemed to be incorporated by reference into any filing under the Securities
Act of 1933, as amended, or the Exchange Act, except to the extent that the registration statement specifically states that such Certifications
are incorporated therein.
37
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
CONSUMER PORTFOLIO SERVICES,
INC.
(Registrant)
Date: May 10, 2023
By:
/s/ CHARLES E. BRADLEY, JR.
Charles E. Bradley, Jr.
Chief Executive Officer
(Principal Executive Officer)
Date: May 10, 2023
By:
/s/ DENESH BHARWANI
Denesh Bharwani
Executive Vice
President and Chief Financial Officer
(Principal Financial Officer)
38
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.