Filing Details

Accession Number:
0000885550-20-000087
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-08-10 17:57:14
Reporting Period:
2020-08-06
Accepted Time:
2020-08-10 17:57:14
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
1201245 J Glenda Flanagan 550 Bowie Street
Austin TX 78703
Yes No No 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 2020-08-06 300 $511.85 11,108 No 4 S Direct
Common Stock Disposition 2020-08-06 900 $512.72 10,208 No 4 S Direct
Common Stock Disposition 2020-08-06 800 $513.87 9,408 No 4 S Direct
Common Stock Disposition 2020-08-06 108 $511.94 9,892 No 4 S Indirect By limited partnership
Common Stock Disposition 2020-08-06 747 $512.63 9,145 No 4 S Indirect By limited partnership
Common Stock Disposition 2020-08-06 845 $513.33 8,300 No 4 S Indirect By limited partnership
Common Stock Disposition 2020-08-06 300 $514.02 8,000 No 4 S Indirect By limited partnership
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Indirect By limited partnership
No 4 S Indirect By limited partnership
No 4 S Indirect By limited partnership
No 4 S Indirect By limited partnership
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $511.30 to $512.25, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
  2. Includes 4,300 vested restricted stock units that were granted under the Company's Incentive Compensation Plan.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $512.37 to $513.01, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $513.47 to $514.01, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $511.22 to $511.995, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
  6. Shares are owned by GCM GP, LP. Ms. Flanagan disclaims beneficial ownership of these shares except to the extent of her pecuniary interest therein.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $512.27 to $512.95, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $513.01 to $513.89, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $514.00 to $514.33, inclusive. The reporting person undertakes to provide to Credit Acceptance Corporation, any security holder of Credit Acceptance Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnotes to this Form 4.