Filing Details

Accession Number:
0001144204-13-022961
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-04-19 16:34:04
Reporting Period:
2013-04-17
Filing Date:
2013-04-19
Accepted Time:
2013-04-19 16:34:04
SEC Url:
Form 4 Filing
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
926688 W Thomas Smith 2200 Butts Road
Suite 320
Boca Raton FL 33431
No No Yes Yes
1203547 J Scott Vassalluzzo 2200 Butts Road
Suite 320
Boca Raton FL 33431
Yes No Yes Yes
1538653 Prescott General Partners Llc 2200 Butts Road
Suite 320
Boca Raton FL 33431
No No Yes Yes
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 51,875 $100.28 670,397 No 4 S Direct
Common Stock Disposition 2013-04-17 391,500 $100.28 748,875 No 4 S Indirect By Idoya Partners L.P.
Common Stock Disposition 2013-04-17 219,075 $100.28 1,419,054 No 4 S Indirect By Prescott Associates L.P.
Common Stock Disposition 2013-04-17 12,675 $100.28 54,860 No 4 S Indirect By Prescott International Partners L.P.
Common Stock Disposition 2013-04-17 44,175 $100.28 89,037 No 4 S Indirect By Prescott Investors Profit Sharing Trust
Common Stock Disposition 2013-04-17 30,700 $100.28 13,948 No 4 S Indirect By Thomas W. Smith Foundation
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Indirect By Idoya Partners L.P.
No 4 S Indirect By Prescott Associates L.P.
No 4 S Indirect By Prescott International Partners L.P.
No 4 S Indirect By Prescott Investors Profit Sharing Trust
No 4 S Indirect By Thomas W. Smith Foundation
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 49,750 Indirect By Thomas W. Smith Family Accounts
Common Stock 62,300 Direct
Common Stock 131,755 Indirect By Scott J. Vassalluzzo Family Accounts
Footnotes
  1. These shares are owned directly by Thomas W. Smith.
  2. These shares are owned directly by Idoya Partners L.P. ("Idoya"), a private investment limited partnership, and are beneficially owned indirectly by Prescott General Partners LLC ("PGP"), a Delaware limited liability company, as general partner of Idoya. Messrs. Thomas W. Smith and Scott J. Vassalluzzo are each a managing member of PGP. PGP disclaims beneficial ownership of these shares in excess of its pecuniary interest under Rule 16a-1(a)(2)(ii)(B). The address for Idoya is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
  3. These shares are owned directly by Prescott Associates L.P. ("Prescott Associates"), a private investment limited partnership, and are beneficially owned indirectly by PGP as general partner of Prescott Associates. PGP disclaims beneficial ownership of these shares in excess of its pecuniary interest under Rule 16a-1(a)(2)(ii)(B). The address for Prescott Associates is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
  4. These shares are owned directly by Prescott International Partners L.P. ("PIP"), a private investment limited partnership, and are beneficially owned indirectly by PGP as general partner of PIP. PGP disclaims beneficial ownership of these shares in excess of its pecuniary interest under Rule 16a-1(a)(2)(ii)(B). The address for PIP is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
  5. These shares are owned directly by the Prescott Investors Profit Sharing Trust (the "Trust") and are beneficially owned indirectly by Messrs. Smith and Vassalluzzo as trustees of the Trust. Messrs. Smith and Vassalluzzo each disclaims beneficial ownership of these shares in excess of his pecuniary interest under Rule 16a-8(b)(2)(ii). The address of the Trust is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
  6. These shares are owned directly by the Thomas W. Smith Foundation (the "Foundation") and are beneficially owned indirectly by Mr. Smith as trustee of the Foundation. Mr. Smith disclaims beneficial ownership of these shares in excess of his pecuniary interest under 16a-8(b)(2)(ii). The address for the Foundation is 2200 Butts Road, Suite 320, Boca Raton, FL 33431.
  7. These shares are owned directly by investment accounts established for the benefit of certain family members of Thomas W. Smith. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose and Mr. Smith disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
  8. These shares are owned directly by Scott J. Vassalluzzo and include 7,300 restricted stock units that have vested under the Issuer's Incentive Compensation Plan. Each restricted stock unit represents and has a value equal to one share of common stock of Credit Acceptance Corporation. Shares will be distributed to Mr. Vassalluzzo on February 22, 2016.
  9. These shares are owned directly by investment accounts established for the benefit of certain family members of Scott J. Vassalluzzo. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose and Mr. Vassalluzzo disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.