Home > Insider Trading > Filing (0001209191-13-021955)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
885550	Credit Acceptance Corp	CACC	Personal Credit Institutions (6141)	381999511

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
901185	A Donald Foss	25505 West Twelve Mile Road Southfield MI 48034	Chairman	Yes	Yes	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2013-04-17	375,000	$100.28	4,364,149	No	4	S	Direct
Common Stock	Disposition	2013-04-17	375,000	$100.28	2,503,752	No	4	S	Indirect	By ex-wife's trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	By ex-wife's trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	3,848,898	Indirect	By daughter's trusts

Footnotes

Shares are owned of record by Karol A. Foss, as Settlor and Trustee under the July 26, 2005 Amendment and Fifth Restatement of Declaration and Agreement of Trust for the Karol A. Foss Revocable Trust dated January 16, 1981, as amended on September 8, 2009. Pursuant to the Voting and Divestiture Agreement dated December 6, 2001 (which expires December 6, 2013), Mr. Foss has sole voting power and dispositive power over such shares but Ms. Foss and her Trusts have the right to receive any dividends on and any proceeds from the sale of such shares. Mr. Foss disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
Shares are owned of record by Jill Foss Watson, as Trustee of the Jill Foss Watson Trust Under Agreement dated March 28, 2007 and the Karol A. Foss Irrevocable Grandchildren's Trust dated December 22, 2008. Pursuant to the Voting and Divestiture Agreement dated December 6, 2001 (which expires on December 6, 2013), Mr. Foss has sole voting power and dispositive power over such shares but Ms. Foss Watson and her Trusts have the right to receive any dividends on and any proceeds from the sale of such shares. Mr. Foss disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.