13D Filing: Jill Foss Watson and Credit Acceptance Corp (NASDAQ:CACC)

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Page 11 of 14 – SEC Filing

CUSIP No. 225310 10 1

SCHEDULE 13D Page 11 of 13 Pages
1

NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON

Jill Foss Watson

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF
A GROUP  (SEE INSTRUCTIONS)

(a) ¨

(b) ¨

3

SEC USE ONLY

4

SOURCE OF FUNDS (SEE INSTRUCTIONS)

OO

5

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS
IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)

¨
6

CITIZENSHIP OR PLACE OF ORGANIZATION

United States

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON WITH:

7

SOLE VOTING POWER

1,653,256

8

SHARED VOTING POWER
1,709,644

9

SOLE DISPOSITIVE POWER
1,653,256

10

SHARED DISPOSITIVE POWER

0

11

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON

3,365,046**

12

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW
(11) EXCLUDES

CERTAIN SHARES  (SEE INSTRUCTIONS)

¨

13

PERCENT OF CLASS REPRESENTED BY AMOUNT IN
ROW (11)

16.9 %*

14

TYPE OF REPORTING PERSON  (SEE
INSTRUCTIONS)

IN

* The percentage is calculated based upon total outstanding
shares of 19,877,856 as of February 3, 2017, as reported in the Issuer’s Form 10-K for the year ended December 31, 2016.

**Mrs. Foss Watson is the trustee of the Donald A. Foss 2009
Remainder Trust, the Donald A. Foss 2010 Remainder Trust, the Jill Foss Watson Living Trust, the Karol A. Foss Irrevocable Grandchildren’s
Trust, the Jill Foss Watson 2016 Grantor Retained Annuity Trust, and the Pathways Foundation. Mr. Todd Watson, spouse of Jill Foss
Watson, is the trustee of the Jill Foss Watson Irrevocable Trust, the 2014 Children’s Trust FBO Gwyneth Ellen Watson, and the Jill
Foss Watson 2014 Children’s Trust FBO Duncan Todd Watson. This amount also includes 2,146 shares held by Duncan Todd Watson. Mrs.
Foss Watson disclaims beneficial ownership of these shares owned by such trusts and by Duncan Todd Watson.

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